VOL. XLII

No. 09

1-March-1999

MOROCCO

Japan Gives Morocco $135Mn For Water Projects

Japans Overseas Economic Cooperation Fund agreed on 23February to give Morocco Dh1.3bn ($135mn) in loans to finance water projects inurban and rural areas in cooperation with the government-run Office National delEau Potable. The loans will enable the local authority to build waterprojects in 56 villages and upgrade other water networks in the cities ofAgadir, Oujda and Safi.

...And Islamic Development Bank Extends...