World Bank approves 500-mln-USD loan to Morocco for jobs, green growth


By Danny

RABAT, April 13 (Xinhua) -- The World Bank will provide a 500-million-U.S. dollar loan to Morocco under its First Morocco Jobs and Green Growth Development Policy Loan, the state news agency MAP reported Monday.

The financing will support better labor market policies, stronger business activity, especially among small and medium-sized firms, and investment in clean energy, energy efficiency, and export-oriented pharmaceutical industries, the report said.

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