War that must be won

MeHis health crisis has deeply challenged established economic theories and beliefs. Sovereignty has now become a major development issue beyond the framework of hollow political slogans such as energy, food, health, industry and digital. By revealing the imperfections of the multidimensional universe of globalization, the pandemic brutally awakened its conscience.

And everywhere, national leaders diverted the concept of providing speeches to once qualified people. “Populist”.. Therefore, today, advocating the principle of national preference and supporting protectionism is part of what is proudly called economic patriotism.

Morocco is no exception to this need. Objective: To reduce dependence on foreign countries as much as possible. This is a war that must be won.And the king has already set the course because he asked “Strategic stockpiling of basic necessities, especially food, health and energy products, and building an integrated national system aimed at the continuous update of national needs in this area.”

Ukraine’s Conflict as an Accelerator

The Covid-19 pandemic economy is still struggling to recover, but the Russian-Ukraine war is increasing tensions in the global value chain.

Thus, the volatile balance of the global economy is shaken by conflicts that have exacerbated tensions on energy and food prices. And shock waves are ubiquitous, especially in countries that import energy products (oil, gas, etc.) and grains like Morocco.

In January alone, Kingdom wheat purchases reached 2.6 billion DH against 901 MDH in January 2021 with a 21.3% increase (end of 2,669 DH / T compared to 3,238 DH / T at the end of January 2022). It was approved. January 2021).

Similarly, compensation costs increased by 2.4 billion dirhams at the end of February 2022, especially in connection with the rise in the price of Butangus, which reached an average of $ 856 / T against nearly $ 539 / T at the end of February 2021. ..

If the pandemic acts as an electric shock to establish sovereignty as the basis of development, general international geopolitical turmoil, especially the conflict in Ukraine, makes the national economy less vulnerable to these extrinsic factors. It must act as a major structural change promoter that makes it possible.

EWe have reached that because the concept of sovereignty is now being taken up in chorus by the government team.

Food sovereignty is at the heart of the Moroccan government’s agricultural strategy, according to Mohammed Sadiki, Minister of Agriculture, Marine Fisheries, Rural Development, Water and Forestry.

Food system issues will also play a central role in the Generation Green Strategy that will be adopted over the next decade.

This strategy strengthens this food sovereignty “Compared to national production, in harmony with the potential of Morocco’s regions and regions.”He said as a bystander at the Paris International Agricultural Show.

“Today, we have optimized things when it comes to production. Work and effort are concentrated downstream of the sector in terms of valuation and agricultural food processing to enable regulation of storage and strategic inventories. Will be.He adds.

The ultimate goal is to enhance the offer “Made in Morocco”According to the Kingdom’s ambition to reduce imports from 183 billion dirhams to 100 billion dirhams and produce the equivalent of 83 billion dirhams in the land.

From this perspective, on March 9, several agreements were signed in the agricultural and food sector related to the realization of 10 projects with investments in excess of 1.2 billion dirhams. This should create over 1,500 direct and over 2,400 indirect employment.

Similarly, in the pharmaceutical sector, investment agreements have been signed for three projects of 531.4 million dirhams, creating 280 direct and 300 indirect employment.

Through these treaties that are part of the strengthening of food and health sovereignty in the Kingdom “Made in Morocco paves the way for success.”Minister of Industry and Trade, Ryad Mezzour, guaranteeing this effect.

Face it: Nevertheless, the road to economic sovereignty is long. And the first strategic shift is to rethink the economic models of many sectors to make them more resilient to external shocks, whether healthy or geopolitical.