Rabat — The Director General of Morocco’s Foreign Exchange Office, Driss Benchikh, has officially presented the institution’s 2025–2029 Strategic Roadmap during a meeting organized by the American Chamber of Commerce in Morocco (AmCham). This new five-year plan marks a significant step in Morocco’s ongoing economic reform agenda, aimed at modernizing the foreign exchange framework, supporting competitiveness, and strengthening the country’s external financial position.
Strategic Vision: Reform and Economic Openness
The 2025–2029 strategy seeks to position the Foreign Exchange Office as a key enabler of Morocco’s economic competitiveness, through the gradual liberalization of financial operations, simplification of procedures, and the enhancement of transparency.
The roadmap was developed through a consultative process involving the banking sector, private operators, and professional organizations. This collaborative approach ensures that the planned reforms align with market needs and international economic dynamics.
Key Pillars of the 2025–2029 Roadmap
The strategy is structured around several strategic pillars designed to modernize the foreign exchange environment and facilitate economic activity:
Improving the business climate by simplifying administrative procedures and enhancing digital platforms.
Gradual and controlled liberalization of certain cross-border financial operations, while maintaining vigilance on capital flows.
Enhancing data transparency by providing more timely and accessible economic and financial information to stakeholders.
Supporting global integration, with a focus on digital transformation, green economy transitions, and the expansion of Moroccan companies into new markets.
Strengthened Public–Private Cooperation
Benchikh emphasized that the success of this reform agenda relies on close collaboration with all stakeholders, particularly the banking sector, foreign investors, and professional bodies. This partnership approach is intended to ensure smooth implementation, improve investor confidence, and foster a more dynamic and competitive economic ecosystem.
A Milestone for Morocco’s Economic Modernization
The new strategic roadmap comes at a pivotal time for Morocco, as the country pursues structural reforms in public finance, taxation, and investment climate enhancement. By making the foreign exchange regime more flexible, transparent, and business-friendly, the strategy aims to support sustainable economic growth, attract foreign investment
