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Islamic bank loans Morocco $ 5.1 mln
Morocco-Regional, Economics, 9/8/2001
The Islamic Development Bank said Friday it approved a $ 5.1 loan to Morocco to be paid back over 25 years.
The Jeddah-based Bank also said it donated Morocco another $ 345,000 to be used in struggle against illiteracy.
Morocco is currently trying to literate 584,000 people mostly rural women, the Bank said in a release sent to MAP.
Morocco is trying to downsize illiteracy to 47 percent of its population by 2004.
Previous Stories:
Arab fund loans Morocco $ 50 mln
(7/20/2001)
Moroccan MPs call for more international backing to agriculture
(6/13/2001)
Oualalou Attends African Development Bank Meetings in Valencia
(5/30/2001)
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