Morocco and the African Development Bank sign a financing agreement worth four hundred thirty-four million.
- Objectives of the Program This program aims to support the implementation of structural reforms in several strategic areas.
- These areas include reforming public institutions and companies, improving the business climate, enhancing governance in the water and electricity sectors, and accelerating the development of renewable energy.
- Acknowledgment of Coordination Efforts Tarsim praised the coordination among various sectors and public bodies involved in implementing the reforms.
- He noted that this collaboration goes beyond traditional coordination, forming a genuine partnership.
Morocco Signs Financing Agreement with African Development Bank
Moroccan Minister of Economy and Finance, Fouzi Lekjaa, and the Resident Representative of the African Development Bank in Morocco, Ashraf Tarsim, have signed a financing agreement worth 434 million euros.
Objectives of the Program
This program aims to support the implementation of structural reforms in several strategic areas. These areas include reforming public institutions and companies, improving the business climate, enhancing governance in the water and electricity sectors, and accelerating the development of renewable energy.
Importance of Partnership
According to the Moroccan News Agency, Minister Lekjaa emphasized the significance of the partnership between the two sides in light of international challenges and climate change, which brings periods of drought and flooding.
Acknowledgment of Coordination Efforts
Tarsim praised the coordination among various sectors and public bodies involved in implementing the reforms. He noted that this collaboration goes beyond traditional coordination, forming a genuine partnership.
To follow the news in Arabic
