Financial System Reform: Germany grants Morocco 1.25 billion euros

At her department’s headquarters on December 14, Nadia FETTAH, Minister of the Economy and Finance, presided over the signing ceremony of two financial cooperation agreements between Morocco and Germany.  
 

The total amount of the loan granted is approximately 1.25 million euros. A loan agreement for 50 million euros was also formalized, specifically to finance the third phase of the ambitious project entitled “Support for financial system reforms in Morocco”. 


The signing ceremony took place in the presence of the Ambassador of the Federal Republic of Germany, Robert Dölger, and the Director of the KFW Office in Rabat, Janne RAJPAR. 

At her department’s headquarters on December 14, Nadia FETTAH, Minister of the Economy and Finance, presided over the signing ceremony of two financial cooperation agreements between Morocco and Germany.  
 

The total amount of the loan granted is approximately 1.25 million euros. A loan agreement for 50 million euros was also formalized, specifically to finance the third phase of the ambitious project entitled “Support for financial system reforms in Morocco”. 


The signing ceremony took place in the presence of the Ambassador of the Federal Republic of Germany, Robert Dölger, and the Director of the KFW Office in Rabat, Janne RAJPAR. 

Be the first to comment

Leave a Reply

Your email address will not be published.


*