Morocco set for $4 billion in World Bank loans: World Bank source

Reuters, Tuesday 10 Dec 2013

Morocco is set to receive $4 billion in loans from the World Bank between 2014 and 2017 under an agreement whereby the bank will extend $1 billion each year to finance different projects, a source from the World Bank said on Tuesday.

The North African kingdom received $600 million each year under a previous 2011-2013 agreement with the bank, but its government has asked for an increase in financial support from the bank. 

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