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FINANCIAL NEWS
Morocco to sign $2.4b loan deal
24 Apr 2013
(MENAFN) A Moroccan official reported that his country is in the process of securing a loan plan from the Islamic Development Bank, under which Morocco would receive a total of USD2.4 billion, reported Reuters.
The loan would be handed over to Morocco over a period of four years, where the country would receive equal batches on an annual basis.
It is worth mentioning that the budget deficit of the North African country amounted to 2.2 percent of the GDP in the first quarter of 2013.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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