Tag: WB

WB: Morocco needs to invest $2.6 Bln annually for its decarbonization transition

April 24, 2023

Morocco’s transition to low-carbon economy requires an annual investment of $2.6 billion through 2030, rising to $17.4 billion annually by 2050, according to a report ... Read More

WB grants additional funding of $250 million to finance Morocco’s education support program

April 6, 2023

The World Bank has granted Morocco an additional funding of $250 million to finance the Support to Education Sector Program. This additional funding will bring ... Read More

WB supports Morocco’s financial & digital inclusion with $450 Mln funding

April 4, 2023

The World Bank has approved a third Development Policy Financing (DPF) of $450 million for Morocco to enable the country advance financial and digital inclusion, ... Read More

WB grants additional €94.7 Mln loan to the Casablanca Municipal Support Program

March 29, 2023

The World Bank has granted an additional €94.7 Mln loan to the Casablanca Municipal Support Program, destined to increase the investment capacity of the commune, ... Read More

WB: Morocco’s growth to pick up to 3.5% in 2023 & 3.7% in 2024

January 13, 2023

The World Bank expects Morocco’s economic growth to increase to 3.5 percent in 2023 and 3.7 percent the following year as the country’s agriculture sector ... Read More

Morocco: WB Supervision Team hails work accomplished by Blue Economy Program

November 2, 2022

The World Bank team in charge of the supervision mission of the Blue Economy Program, conducted jointly with the Moroccan Ministry of Economy and Finance ... Read More

WB supports Morocco’s North-East Economic Development Project with over €236 Mln funding

September 13, 2022

Morocco and the World Bank signed on Monday in Rabat a €236.7 million loan agreement for the funding of the North-East Economic Development Project destined ... Read More

WB warns against impact of drought & water stress in Morocco

July 22, 2022

The World Bank has warned against the macroeconomic impact of droughts and water scarcity in Morocco wherein economic growth is expected to slow down in ... Read More

Morocco spearheads collective efforts in favor of Africa’s financial resilience to global crises

July 7, 2022

Morocco has hosted within four weeks three key events to leverage resources and spur joint action in favor of Africa’s financial resilience in the face ... Read More

Morocco gets $250 Mln World Bank loan for economic development of Nador region

June 24, 2022

The World Bank approved Friday a $250 million loan to Morocco for the economic development of its North-Eastern region. The funding will help improve transport ... Read More