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Strengthening governance: BAD grants 120 million euros to Morocco

12/08/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Dans le but de renforcer la gouvernance et la résilience aux chocs externes, la Banque africaine de développement (BAD) a accordé un appui financier d' un montant de 120 million euros in Morocco.

L'appui de la BAD a été accordé dans le cadre de la phase 1 du Programme d' appui au renforcement de la gouvernance et de la résilience au climate change (PGRCC). The main objective of this program is to deploy reforms that boost the Moroccan economy and consolidate its resilience to exogenous factors, including climatic factors. In this sense, the ADB is supporting major economic and sectoral governance reforms, in particular the current one relating to public enterprises. The program will contribute to refocusing the public sector on its strategic and regulatory functions while continuing its role as a catalyst for private investment and economic competitiveness, explains the Bookman Old Style”, "serif">BAD . It will also make it possible to reduce the volatility of the macroeconomic framework in relation to exogenous factors, including

climatic factors.
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