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A word from the President

Mr. Abdellatif JOUHARI, Governor of Bank Al-Maghrib and President of the OMTPME.

Abdellatif Jouahri | Luxury Life Morocco

The remit of the Moroccan Observatory for VSME (OMTPME) is to provide key indicators regarding the demographic and economic health of enterprises, especially VSMEs, which constitute an important component of the Moroccan economy, to both public and private sector stakeholders. It also contributes to the discussion on the challenges inherent in the national productive fabric by conducting studies and analyses aimed at helping decision-makers better understand the dynamics and challenges shaping this fabric.. 

The establishment of the Observatory stems from a collaborative process initiated in 2014 with several partners, which accelerated with data exchange agreements concluded as of 2017 with Bank Al-Maghrib, the General Directorate of Taxes (DGI), the National Social Security Fund (CNSS), the Moroccan Office of Industrial and Commercial Property (OMPIC), the Ministry of Industry and Trade, and Morocco SME. This pooling of efforts acted as a catalyst to initiate the set-up of a robust and reliable target and information system, with granular, sufficiently updated, and comprehensive data.  

The economic situation, marked by a succession of crises at the national and international levels, has demonstrated the importance of developing such a system.  

Since its operationalization, the Observatory has produced numerous outputs. In addition to its annual report, its publications have expanded to include specific annual reports for the 12 regions of the Kingdom as well as sectoral notebooks covering particular themes, such as female entrepreneurship, employment by gender and salary bracket, and access to financing. 

Furthermore, the OMTPME is increasingly sought after by national and international institutions, such as ministerial departments, the World Bank, the IMF, the OECD, and the AFI, to contribute to collaborative studies and projects concerning SMEs. telles que les départements ministériels, la Banque mondiale, le FMI, l’OCDE, l’AFI, pour contribuer à des études et projets collaboratifs concernant les TPME.  

I must acknowledge the quality of the efforts and work provided by the Observatory's teams, whose support is crucial for the full accomplishment of its mission.