RABAT, Dec. 27 (Xinhua) -- The Moroccan government and Germany's KfW Development Bank on Wednesday reached deals on a financing package worth 257 million euros in total (about 285.4 million U.S. dollars) for Morocco's development projects.
The deals, comprising three loan agreements totaling 250 million euros, two of which are accompanied by two grants amounting to 7 million euros, were reached between Fouzi Lekjaa, the Moroccan minister delegate in charge of the budget, and Janne Rajpar, director of KfW's Morocco office, at a ceremony in Rabat.
