Morocco secures nearly 4.8 billion dirhams for reforms and resilience
Morocco, Nov. 13 -- The Moroccan government and the African Development Bank Group have signed a financing agreement of €434.4 million to accelerate the structural transformation of the Moroccan economy and foster stronger, more inclusive growth that is resilient to external and climate-related shocks.The agreement was signed in Rabat on 13 November 2026 by Fouzi Lekjaa, the Minister of Economy, Finance and Public Performance and Governor of the Bank for Morocco, and Achraf Hassan Tarsim, the African Development Bank's Country Manager for Morocco. It will support the third phase of the Economic Governance and Climate Change Resilience Support Programme (PGRCC-Phase III), which aims to strengthen the role of the private sector as a dri...
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