World Bank Approves $500 Million to Power Morocco's Jobs and Green Growth Agenda
Morocco, April 13 -- The World Bank's Board of Directors has approved a US$500 million financing package for the Kingdom of Morocco under the First Morocco Jobs and Green Growth Development Policy Loan - a landmark commitment designed to expand employment opportunities through improved labor market policies, more dynamic firms, particularly small and medium-sized enterprises (SMEs), and catalytic investment in clean energy, energy efficiency, and export-oriented pharmaceutical industries.This financing - the first in a series of three planned operations - supports Morocco's Jobs Roadmap in areas where change can make a real difference for Moroccan citizens. It aims to create more opportunities for youth and women by expanding active labor m...
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