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European loan for Morocco
Morocco-European Union, Economics, 7/1/1999

The European Union agreed on granting Morocco a loan of $4.1 million to be specified for the social development program to combat poverty.

A statement issued by the European Commission in Cairo today stated that this program will be implemented in coordination with the Moroccan Ministry of Social Development and Work and that this loan will be started at the beginning of 2000 and will be specified for developing rural areas that suffer from a lack of the essential services.

Previous Stories:
  Moroccan-Hungarian talks on economic cooperation   (6/30/1999)
  Morocco will not renew fisheries accord with European Union, under same terms   (6/25/1999)
  Moroccan women to be involved in desertification struggle   (6/18/1999)
  Development projects would curb down emigration attempts   (6/16/1999)
  European bank grants Morocco 23-million euro loan   (5/5/1999)

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