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WB grants Morocco USD 100Mn loan to back public administration reform PDF Print E-mail
Written by MAP   
Saturday, 17 May 2008

The World Bank (WB) administration board approved, on Thursday, a USD 100Mn loan to fund the program of public administration reform in Morocco, a press release of the world finance institution said.
The loan that will be paid out by the international bank for reconstruction and development (IBRD), is to benefit from an 8-year grace period and is repayable over 20 years.


Today's is the third WB loan to Morocco to finance public administration reform, as a first one was approved on July 1, 2004.

It provides, inter alia, for improving the effectiveness of public resource management, introducing performance assessment measures and improving management of resources through introducing a new management system of wages and staff.

The credit is also meant improve public services and simplify procedures, through the introduction of computing (e-government) to public services.


MAP

 
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