Financial and Banking News


IBRD Lends $150mn to Morocco 

The World Bank has agreed to lend Morocco $150mn to part finance a program to reform the educational system of the country, according to a statement issued on 24 March. The program aims to improve access to education and make it more consistent with the development needs of the country, according to an IBRD communique. The total cost of the project is $1.83bn. Besides the loan from the World bank, additional...