Economic Monitoring Committee (EMC)

  • Home
  • Economic Monitoring Committee (EMC)

National Economic Monitoring Committee

With the aim of anticipating the direct and indirect economic consequences of the Covid-19 health crisis on the national economy, Morocco has set up an Economic Monitoring Committee (EMC) at the level of the Ministry of Economy, Finance and Administrative Reform.  This committee is responsible for closely monitoring the economic situation through rigorous monitoring and evaluation mechanisms and for identifying appropriate measures to support the affected sectors.

The committee’s missions consist of the following:

Follow-up

Managing the special fund for the management of COVID-19 pandemic, created following the High Directives of His Majesty King Mohammed VI, may God assist him.

Analysis

Follow closely the progress of the economic situation through rigorous monitoring and evaluation mechanisms.

Recommendations

Identify appropriate measures in terms of support for households and affected sectors (especially for VSMEs).

View the reports of the EMC

Regional Economic Monitoring Committee (REMC)

Chaired by the Wali of the Region, the REMC is made up of the President  Fez-Meknes region, the Governors of the Provinces and Prefectures of the Region, the Director General of the Regional Investment Center, the Regional Directors of the decentralized services, representatives of the private sector (GCMC), the Presidents of the universities, the Presidents of the Professional Chambers, the Regional Presidents of the professional unions and the economic and social actors

Missions of Fez-Meknes REMC

Upon assessment of Covid19 impact on the Region’s economy and its vital sectors, the main mission of the REMC is to draft a roadmap in line with the guidelines of the national EMC, while taking into consideration the specificities of the Region. The committee’s missions are as follows :

Follow-up

Monitor the implementation of EMC decisions in terms of economic recovery, business protection and job opportunities.

Analysis

Analyze the economic and social situation of the Region.

Recommendations

Make proposals and recommendations in coordination with local stakeholders.

Review of achievements of Fez-Meknes REMC

Pursuant to the Highest Directives of His Majesty King Mohammed VI, may God assist him, the Regional Economic Monitoring Committee (REMC) of Fez-Meknes held several meetings under the chairmanship of Mr. Essaid Zniber, the Wali of the region of Fez-Meknes, Governor of the Prefecture of Fez.

Nineteen sectorial, cross-cutting and provincial workshops were organized by the RIC involving all regional stakeholders in a participatory approach, to provide a diagnosis and a roadmap for the economic recovery in the region.

Download the reports of the REMC
0
Organized workshops (5 sectorial, 5 cross-cutting, 9 provincial)
500
Participants
in the workshops
0
Represented
organizations
0
Short, medium and long-term proposals and recommendations

Support mechanisms for managing the impacts of Covid-19 pandemic

Fez-Meknes RIC has deployed a set mechanisms to assist regional economic operators in dealing with the impacts of the Covid-19 crisis and ensure the recovery of their activities.

Covid-19 support cell

A standing committee composed of the Regional GCMC and the Regional Investment Center Fez-Meknes will support companies, project holders and professional organizations regardless of the sector of activity. The two institutions join their efforts to support economic actors to ensure business continuity, identify the encountered challenges and implement the necessary measures for the recovery of the activity and the fostering wealth and job generating investment.

Diagnosis of the impact of Covid-19 crisis on the Region’s economy

Fez-Meknes RIC has carried out a study on the impact of Covid-19 on the Region’s economy, via a participatory approach bringing together public and private economic actors, professional Chambers, Federations, etc.

View the report