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  • 09-10-19

    USD500m WB loan reaches Morocco

    (MENAFN) Morocco was announced to be receiving a loan valued at USD500 million from the World Bank (WB) in support of the country's educational field.

    Such an amount would help Morocco achieve its objective of enhancing the educational system, under which disbursement of financing is conditional on accomplishing significant results.

    WB is extending the loan in line with its backing to the execution of the strategic reform of education Morocco has been working on since 2015 and will wrap up by 2030.

    The purpose behind the reform is coming up with conditions conducive to qualified preschool education, boosting teacher training, and strengthening training capacities in management and accountability.

    MENAFN0910201900450000ID1099102268

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