Tag: World Bank

Center for Mediterranean Integration: Morocco Elected to Chair Oversight Committee for 2021-2024

September 21, 2021

Morocco has been elected to the presidency of the Center for Mediterranean Integration (CMI) for the period 2021-2024, the Ministry of Economy, Finance and Administration ... Read More

Tunisia: World Bank ties release of loan to appointment of a PM with economics background

September 3, 2021

The World Bank has tied allocation of a loan to Tunisia to a number of conditions including the appointment of an economist as Premier, the ... Read More

World Bank approves $450 mln loan to help Morocco improve access to financial services

June 19, 2021

The World Bank approved a $450 million loan to support Morocco’s reforms to expand the availability of financial services and digital infrastructure for individuals and ... Read More

World Bank brings to $300 million funding to Morocco’s risk management system

June 13, 2021

The World Bank has added $100 million to an existing $200 million loan to help Morocco manage natural risks and hazards. “Protecting the people and ... Read More

World Bank loans Tunisia $300m to curb poverty

March 16, 2021

The World Bank has allocated Tunisia $300 million to help support more than one million Tunisian families living under the poverty line, the office of ... Read More

World Bank ready to increase its support to Morocco

March 12, 2021

The World Bank Vice-Pdt for the MENA region Farid Belhaj has voiced the bank’s readiness to increase its support to Morocco in social and economic ... Read More

World Bank backs Morocco’s social reforms with $400 million

December 4, 2020

The World Bank has approved a $400 million loan in support of Morocco’s social protection reforms and strengthening the resilience of households to the pandemic ... Read More

Coronavirus to throw 1 million Moroccans into poverty- official report

August 18, 2020

The coronavirus pandemic hit the income of many Moroccans with 1.05 million people expected to fall into poverty, the high commission for planning said. Poverty ... Read More

How Morocco can overcome COVID-19 induced challenges – report

August 17, 2020

Morocco will have to act quickly to respond to the scale of changes in the lives of individuals and in several sectors of its economy, ... Read More

World Bank downgrades Algeria to lower middle-income status

July 5, 2020

The World Bank, the second largest international economic institution with the International Monetary Fund (IMF), has officially downgraded Algeria to lower middle-income status, a category ... Read More