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World Bank approves 349M euro loan for Morocco
The Moroccan government approved a loan of 349.1 million euros from the World Bank for Reconstruction and Development to finance the "Climate and Risk Financing" program. This was announced through a decree published in the Official Gazette. The purpose of this loan is to support Morocco's efforts in addressing climate challenges and achieving environmental sustainability. The agreement was signed last June, and Minister of Economy and Finance Nadia Fettah El Otmani has been responsible for implementing its terms as part of the 2026 Finance Law framework.
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