“We are calling for the creation of a National Agency whose mission will be to ensure the strategic management of State holdings and to monitor the performance of public establishments. ” Two years ago everything fair, during his speech on the feast of the Throne, Mohammed VI advocated the establishment of a new institution to upgrade the public portfolio and improve its performance.
In the meantime, the National Agency for the Strategic Management of State Holdings was born. Its missions: to advise the State in each equity investment project and any decision related to the capital of companies and public establishments, but also in all privatization operation. “It is an institution similar to the French APE [l’Agence des participations de l’État]which represents the state shareholder in all matters relating to investments, the opening up of capital and privatizations”, summarizes a government source, who explains that a study by the Ministry of Finance had revealed the absence of any strategy consistent with regard to the management of the State portfolio.
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