WB grants 300-mln-USD loan to strengthen Morocco's municipalities

0 Comment(s)Print E-mail Xinhua, November 9, 2019
Adjust font size:

RABAT, Nov. 8 (Xinhua) -- The World Bank has approved a 300 million U.S. dollars loan to support the strengthening of Morocco's municipalities, Moroccan news agency MAP reported on Friday.

The objective of this program "is part of the kingdom's broader efforts to upgrade urban services and turn urban conglomerations into engines of growth and job creation," said MAP.

The project spans a five-year period from 2019 to 2024.

It will target about 100 of Morocco's largest municipalities that together account for 80 percent of the urban population and half of the total population of the country, the report added.

"The program will target key gaps in performance to promote a transparent, efficient, and accountable urban management system that can drive long-term local development and enhance Moroccan cities' attractiveness," World Bank's Maghreb Country Director Jesko Hentschel was quoted as saying. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter