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World Bank approves four-year CAS for Morocco
Morocco, Economics, 5/20/2005
The World Bank (WB) Executive Board unanimously approved Thursday the new Country Assistance Strategy (CAS) with Morocco for the period 2005-2009, said a press release of the bank.
This strategy consists in a yearly USD 300 million funding aimed at triggering a sustained growth, creating new jobs, reinforcing poor populations' access to basic quality services, improving the management the efficiency of the education system in Morocco and promoting water management via an the efficient use of this resource.
CAS is the WB's work plan that guides its operations in a country. It describes the country's economic and social performance, its main development challenges, and a summary of the government's development strategy. The key elements of this strategy are discussed with the government and broad segments of civil society.
Previous Stories:
Agricultural harvest in Morocco drops by 40 percent
(5/13/2005)
Morocco earmarked mad 5.5 billion for 2004-2010 to eradicate shanty-towns, minister
(5/10/2005)
Moroccan economic growth 'insufficient' for job opportunities, WB official
(4/20/2005)
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