Mr. Banga commended Morocco for undertaking significant infrastructure projects during His Majesty’s reign, which have notably reduced poverty, accelerated electrification efforts, and extended life expectancy. He emphasized the monarch's dedication to enhancing citizens' quality of life and noted that the New Development Model will further strengthen employment opportunities and promote inclusivity across Moroccan society.

The President of the World Bank Group expressed gratitude for the enduring partnership between the international financial institution and Morocco, marking the 65th anniversary of their collaboration during the Annual Meetings held in Marrakech last October. He reiterated the World Bank's unwavering commitment to supporting the Kingdom in its ongoing development initiatives, aligned with HM King Mohammed VI's forward-thinking vision for the future.