Morocco’sGovernment Counciladopted on Thursday draft law 76.20 establishing the Mohammed VI Investment Fund.Minister of Economy Mohamed Benchaaboun presented the legal text during a videoconference meeting chaired by Head of Government Saad Eddine El Othmani.King Mohammed VI announced the creation of the investment fund during hisThrone Day speechon July 29.“Some 120 billion dirhams will be injected into the national economy, representing 11% of our GDP — a proportion that will place Morocco at the forefront of the most enterprising countries in terms ofpost-crisisstimulus packages,” the King said.The recently-adopted bill establishes a joint-stock company called “Mohammed VI Investment Fund
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