VOL. XLVI

No 24

16-June-2003

MOROCCO

World Bank Lends Morocco $45Mn To Improve Asset Management

The World Bank on 5 June approved a loan to Morocco for $45mn to help improve public asset management systems in the country. The project will support public expenditure rationalization and efficiency, notably in the public education and health sectors, said the bank. The loan is also intended to promote the long-term reforms needed on overall budget and financial management in Morocco.The World Bank...