Some $ 12.63 million collected during third solidarity campaign, audit firm confirms
Morocco, Culture, 4/6/2001

The international audit firm KPMG has audited the unfolding of the third national solidarity campaign, staged in November 2000 (1-15) and announced that the amounts (funds in cash and other donations) collected up to February 28, 2001, amount to 139,008,480 DH (about $12.63 million)

The audit report, released Wednesday by the governing board of the Mohammed V solidarity foundation, which sponsored the campaign, said the funds in cash amount to 117,603,480 DH (about $ 10.69 Million).

The other forms of donations pledged by various enterprises and assessed at 21,405,000 DH ($1.94 million) were not yet totally received by the foundation by February 28, 2001, the report said.

The national solidarity campaigns have been regularly staged every year since 1998 to collect funds and other donations to support poorest layers of the Moroccan population.

The funds come from the sale of pins and stamps, cash donations by citizens, institutions and enterprises. Other donations consist of clothes, foodstuffs, and any other material or equipment likely to improve living conditions in orphanages and shelters for the poor.

The funds collected are used to construct dorms for rural girls, dorms for male students, centers for handicapped persons, orphans and aged persons and finance projects to the benefit of rural women.

They also finance the fast-breaking meals distributed during the fasting month of Ramadan to needy persons, and other social projects.

Previous Stories:
  US congress delegation visits Morocco   (4/5/2001)
  Mohammed V solidarity foundation: audit on Ramadan operation   (4/5/2001)
  Moroccan official calls for more efforts to promote Arab women situation   (4/4/2001)

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