The bill establishing the Mohammed VI Investment Fund, pursuant to the High Instructions of HM the King, "will have a positive effect" on the recovery of investment in particular, and of the economy in general, said El Otmani, as quoted in a statement read by Minister of national education, vocational training, higher education and scientific research, government spokesman, Saaid Amzazi, at the end of the weekly cabinet meeting.

The establishment of this Fund is part of the economic recovery plan, which is one of the government's key priorities at this stage. It aims at boosting the economic dynamic in Morocco, supporting national businesses and creating jobs, he noted.

According to the official, the economic recovery plan includes "a significant number of other measures, some of which have been incorporated by the government in the 2021 appropriation bill, which is currently being discussed at the House of Advisors." 

On the other hand, El Otmani announced that the government will continue to hold its weekly meetings remotely, due to the current epidemiological situation. In that regard, he called on departments, institutions and companies in the public and private sectors to adopt teleworking wherever possible, while making sure that it does not affect the quality, efficiency and sustainability of the service.