(MENAFN) Morocco is receiving a loan valued at USD700 million from the World Bank after its Board of Executive Directors granted the green-light.
Through the loan agreement, Morocco will support its efforts to develop financial inclusion and along with the conversion to a digital economy.
The purpose behind Morocco's Development Policy Financing program is to promote financial inclusion and back efforts to achieve a digitalized economy for people, enterprises, and entrepreneurs.
The plan is aiming to fulfill diversification of financial tools by growing the regulatory and institutional framework of various aspects.
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