Morocco and the Islamic Development Bank (IsDB) have sealed a new partnership program focusing on inclusive economic development, competitiveness, exports and jobs creation. It was inked by President of IsDB Group Bandar Hajjar and Secretary General of the economy & finance ministry Zouhair Chorfi. These projects include the National Initiative for Human Development (INDH), preschool education and territorial development. The IsDB thus agreed to contribute $1.5 million in support of phase III of INDH and provide $93.8 million for an inclusive rural development project in the Tangiers-Tetouan-Al Hoceima region. The Islamic Development Bank also announced a $280,000 contribution for an education project in Morocco.

Source: The North Africa Journal April 08, 2019 11:03 UTC