Firms’ access to finance in Morocco

This episode examines firms’ access to finance in Morocco, highlighting its critical role in business creation and growth, especially for SMEs. It challenges common assumptions by showing that medium-sized firms, rather than small ones, face the most binding financial constraints. The discussion emphasizes the importance of bank-firm relationships, as well as structural issues such as information gaps and managerial capacity. It also points to digitalization and supply chain finance as key avenues to improve access to funding