Financial and Banking News
AID FLOWS
IBRD Lends $83mn to Morocco and Oman
The World Bank has agreed to lend Morocco $70mn for use in an export promotion project and in developing the country's industrial base. The export project consists of eight lines of credit to Morocco's national development bank and seven Moroccan commercial banks, which will use the funds to finance export-oriented private sector industrial investments. Each of the participating banks will appraise sub-...
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