Financial and Banking News
AID FLOWS
IBRD Lends Morocco $300mn
The World Bank has agreed to lend Morocco $240mn to improve the efficiency of its public enterprises, according to an announcement issued in Washington on 28 May. The loan "will support the first phase of a program to rationalize Moroccan public enterprises by promoting their financial and managerial autonomy and accountability, and developing strategies, programs and instruments to divest the state of uneconomic...
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