Mezouar, who welcomed the G8 pledge of $38 billion over 2011-13 to support reforms in the Arab region, as part of the Deauville Partnership, was confident in the ability of Moroccan projects to attract the maximum financing.

“The $38 billion are not distributed equally among the four recipient countries (Morocco, Egypt, Tunisia and Jordan), but depending on the ability of each of them to propose compelling projects,” he told the MAP at the end of the world’s richest countries’ meeting.

“We have enough projects and we will do what it takes to obtain the necessary financing,” he said.

Like the other three countries, Mezouar presented to his counterparts in the G8 (USA, Russia, Canada, Japan, France, Great Britain, Germany and Italy) the national action plan, welcomed and supported by the participants.

In his speech, the Moroccan official urged member countries to the Deauville Partnership and the international and regional financial institutions to provide financial support - “a real and without giving false hope” - to the internal dynamics of political, economic and social dynamics in Morocco.

In this respect, he recalled that Morocco has adopted a new Constitution, making then “a major democratic progress” marked by reinforcing the separation, balance and cooperation of powers and “the principles of good governance, human rights, protection of individual freedoms, and the correlation between responsibility and accountability.”

Economically, Mezouar highlighted the profound changes in recent years, “resulting from a momentum structural reforms that have affected the political, institutional and social areas and which have strengthened the diversity of the Moroccan economy structures, allowing it to reach a new level of growth.”
The Deauville Partnership was set up under France’s G8 presidency to help the Arab countries bolster democratic reforms by making aid and development credits conditional on political and economic reforms.