VOL. XL No. 14 7-April-1997

MOROCCO

New Law Aims To Streamline Moroccan Privatization

A new privatization law, currently being debated in the Moroccan parliament,intends to give Moroccan privatization renewed impetus after somethingof a hiatus over the last year. Widely seen as one of the most active privatizationprograms in the Middle East, Moroccan privatization, which started in 1993and aims to sell 114 companies by end-1998, had by end-1996 raised $1.13bnand sold 49 companies and hotels (...