Social Element, One of Most Salient Features of Green Generation (Minister)
This strategy, which is based on the foundation of the Green Morocco Plan, has many advantages at the social level, insofar as it provides solutions for the farmer but also for the development and revitalization of the agricultural sector, in addition to contributing to food security in the Kingdom, explained Akhannouch at the opening of a symposium, held under the theme "Generation Green: what support by the Group Crédit Agricole du Maroc (CAM)?
Referring to the financing component, the minister noted that the strategy will benefit from the support of the World Bank. "800 million dollars are already available to finance this plan," he said, adding that the CAM will support the provisions of this important strategy in its component on the human element and the rural middle class, through the deployment of an offer for young project holders in the rural world.
For his part, chairman of the Board of CAM, Tariq Sijilmassi, noted that the bank is committed to supporting the strategy Generation Green, to establish a comprehensive institutional mechanism that includes support measures and specific support to each of the agricultural sectors as well as a personalized support system by operator.
In this regard, he noted that the CAM will effectively back the stakeholders for the revitalization of the agricultural sector and the implementation of the provisions of the various program-contracts, in addition to providing the necessary funding to stimulate investment and meet the operating needs of all sectors of agricultural production via financing offers tailored to the possible needs of agricultural sectors.
On his turn, president of the Moroccan Confederation of Agriculture and Rural Development (COMADER) Mohamed Ammouri, highlighted the importance of the agricultural sector in the economic and social development of the country, noting that it contributes to 20% in the GDP of the Kingdom. "The sector employs 40% of the national workforce, i.e. 80% in rural areas," he said.
Ammouri, also stressed the need to make a significant contribution to the employability of young people in the agricultural sector, to promote entrepreneurship in rural areas and create employment in order to participate in the development of an environment conducive to the emergence of an agricultural middle class.