Fez, Morocco was the capital of Morocco until 1925. Rabat then remained the capital even after Morocco achieved independence in 1955. Despite its traditional character, there is a modern section: the Ville Nouvelle or "New City". Today it is a bustling commercial center. The popularity of the Fez has increased since present ruler, King Mohammed VI of Morocco, married a woman from Fez, Salma Bennani. Place Lalla Yeddouna at the heart of the Medina is currently undergoing reconstruction and preservation measures following a design competition sponsored by the Millennium Challenge Corporation (Washington D.C.) and the Government of the Morocco. The construction projects
Economic history of Morocco on standpipes and vendors. Economic history of Morocco The economic history of Morocco has largely been charted by the national government through a series of five-year plans. Centralized planning has gradually given way to moderate privatization and neo-liberal economic reforms. In the 20th century a lot of firms in the Arabic world were run by the government. This was due to the objective to mitigate the influence of foreigners and minorities that frequently ran the firms. Other reasons included the lack of human capital as well as the special characteristics of oil production economies. Regarding the human skills Morocco lagged