VOL XL

No. 03

20-January-1997

MOROCCO

Morocco Privatization Receipts Top $1.12Bn

The ministry responsible for privatization in Morocco said on 15January that it had received more than MD10bn ($1.12bn) in receipts from sales of formerstate-owned assets since the start of the program in 1993. Since that time the ministrysaid that a total of 49 companies and hotels had been disposed of. The government iscurrently studying the privatization of the Moroccan telecoms service and plans to split...