Economy of Morocco the private sector, and is a subsidiary of Omnium Nord Africain, the largest privately owned mining group in Morocco. The most recent figures available on the number of research staff in Morocco are those provided by the Ministry of National Education, Higher Education, Professional Training and Scientific Research in its 2002–2003 annual report. According to this report, Morocco had 17 390 research staff in 2002–2003. The majority (58%) were employed in the university sector. Research institutions include the Scientific Institute, founded in 1920 in Rabat, which does fundamental research in the natural sciences, and the Scientific Institute of Maritime Fishing,
Economy of Morocco ten-year plan for the protection of natural resources, 40,000 to 50,000 ha of forests are replanted annually with indigenous palm trees. Economy of Morocco The economy of Morocco is considered a relatively liberal economy governed by the law of supply and demand. Since 1993, Morocco has followed a policy of privatization of certain economic sectors which used to be in the hands of the government. Morocco has become a major player in African economic affairs, and is the 5th largest African economy by GDP (PPP). The World Economic Forum placed Morocco as the 1st most competitive economy in North Africa,