Financial and Banking News
AID FLOWS
West Germany Provides Morocco with $38.6mn Soft Loan
The Federal Republic of Germany has agreed to extend a soft loan to Morocco worth DM64mn ($32mn) to finance the credit operations and institutional development of the Caisse Nationale de Credit Agricole (CNCA). A grant totaling DM13.1mn ($6.6mn) will also be provided for technical assistance in the fields of agriculture, renewable energy and training.
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