Morocco
Morocco Seeks $400 Million World Bank Loan to Combat COVID-19 Economic Impact
Faced with the adverse effects of the health crisis related to the coronavirus, Morocco is requesting a "retroactive loan" of $400 million from the World Bank.
Topic
World Bank
Morocco
World Bank Report: Two-Thirds of Moroccan 10-Year-Olds Unable to Read Simple Text
In a recent report, the World Bank noted the severe crisis facing the Moroccan school system, noting that 66% of children in the kingdom aged 10 were not able to read and understand a simple text. This report, which also compares Morocco’s performance to the regional average in the Middle East and North Africa, clearly lays bare the flaws that hinder the full development of the Moroccan school system.
Morocco
Morocco's Economy and Society Reshaped by COVID-19, Joint Study Reveals
The High Commission for Planning (HCP), the United Nations System (UNS) in Morocco and the World Bank (WB) have published a "strategic note" on the socio-economic impact of the Covid-19 pandemic on sectors of activity and the daily life of the Moroccan population.
Morocco
Apple's Value Surpasses Combined GDP of Top 10 African Economies, World Bank Reports
The World Bank states that the sharp increase in the valuation of the Apple brand (over $1.8 trillion) is equivalent to the combined GDP of the 10 largest African economies.
Morocco
Morocco Faces Steepest Economic Decline in 25 Years Amid COVID-19 Crisis
Morocco finds itself in a severe and historic recession since 1995 due to the health crisis related to covid-19. This is indicated in a World Bank monitoring report on the economic situation of the kingdom.
Morocco
World Bank Allocates $35 Million to Boost Morocco's Healthcare Workforce Amid Pandemic
The World Bank has decided to support the national health sector. To this end, it has mobilized $35 million to deploy qualified and well-equipped health workers on the front line.
Morocco
World Bank Praises Morocco's 'Proactive' COVID-19 Response, Citing Economic Progress
In a recent report, the World Bank estimates that the Moroccan government has provided a "rapid and decisive" response to the health crisis of the coronavirus and the economic crisis that followed.
Morocco
World Bank Grants $500 Million Loan to Boost Morocco's Digital Infrastructure Amid COVID-19
A new loan from the World Bank has just been granted to Morocco. It will be used to focus on access to digital infrastructure and services for individuals and businesses during this COVID-19 period.
Morocco
World Bank Grants Morocco $48 Million Loan to Bolster COVID-19 Response
Morocco’s efforts to free itself from the grip of the coronavirus have been praised by several countries and financial institutions. To support the kingdom in managing the effects of the covid-19 pandemic, the World Bank has granted a new loan of $48 million.
Morocco
World Bank Study Reveals Morocco's Untapped Offshore Wind Energy Potential
The World Bank’s Energy Sector Management Assistance Program, in partnership with the International Finance Corporation, conducted an analysis on emerging offshore wind markets. The report of this study reveals that Morocco abounds with offshore wind potential.
Morocco
World Bank Predicts Sharp Drop in Remittances to Developing Countries Amid Pandemic
The World Bank states that remittances from the diaspora to developing countries will experience a historic decline due to the health crisis affecting almost all countries in the world. This will also be the case for Moroccans living abroad .
Morocco
IMF Chief to Visit Morocco Ahead of 2021 World Bank-IMF Annual Meetings
The Managing Director of the International Monetary Fund (IMF), Kristina Georgieva, is expected from February 17 to 20 for a working visit to Morocco. During a press briefing held on Thursday in Washington, Gerry Rice, the IMF’s Communications Director, stated that "the visit is part of the preparations for the Annual Meetings of the World Bank Group and the IMF, scheduled for October 2021 in Marrakech".