Tag: World Bank

World Bank: Morocco’s Covid-19 mortality rate, one of the lowest in the World

June 18, 2020

Morocco has one of the lowest covid-19 fatality rates (deaths in proportion to total infections) in the world (less than 2.6 pc), while 90 pc ... Read More

Covid-19: World Bank lends Morocco $48 Mln to enhance health services

June 17, 2020

The World Bank has approved a $48-million loan to Morocco to enable the country mitigate the impacts of the coronavirus pandemic which has so far ... Read More

World Bank expects Morocco’s economy to contract 4% in 2020

June 9, 2020

The World Bank delivered bleak prospects for growth in Morocco which was seen dropping to -4% in 2020 from 2.5% last year on the backdrop ... Read More

World Bank highlights Morocco’s wind energy potential

May 20, 2020

The World Bank has highlighted Morocco’s wind energy potential that it described as “great”. This came in a World Bank analysis of emerging markets for ... Read More

COVID-19: Tunisia to get $35m from World Bank

May 1, 2020

The World Bank will grant Tunisia $35 million destined to support the health ministry in its fight against the novel covid-19 and finance the purchase ... Read More

Sub-Saharan Africa to fall into recession in 2020—World Bank

April 9, 2020

The World Bank has warned that the rapidlyspreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in ... Read More

Coronavirus: World Bank redirects a $275-million loan to Morocco

April 4, 2020

The World Bank approved a first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19 (coronavirus) ... Read More

COVID-19: African finance ministers seek IMF, World Bank and EU support on debt relief

April 2, 2020

African finance ministers have requested the support of the International Monetary Fund, the World Bank and the European Union for bilateral, multilateral and commercial debt ... Read More

Egypt: World Bank supports housing for low-income households with $500m

March 23, 2020

The World Bank has granted Egypt a $500 million additional financing destined to support ongoing efforts to improve the affordability of formal housing for low-income ... Read More