USAID Backs Morocco's Trade, Investment Scheme

The U.S. Agency for International Development has launched a USD34 million economic competitiveness program in Morocco. The program aims to remove barriers to trade and investment as well as support key policy reforms in the country.

It will also help build the capacity of key government institutions, back public-private partnerships aimed at creating workforce development opportunities, and support water management and agriculture policies, Global Arab Network reports.

The African Development Bank also approved a loan of 100 million euros (USD125 million) for the fourth phase of Morocco’s Public Administration Reform Support Program, which seeks to improve the government’s capacity in budget and human resource management. The program also aims to consolidate and control the civil service wage bill and streamline administrative procedures.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.