image description
image description

Archives


  • 06-06-20

    Arab Monetary Fund loans Morocco 211M USD to help state financial plan

    (MENAFN)

    The Arab Monetary Fund (AMF) has loaned Morocco 211 million U.S. dollars to help its state financial plan during the coronavirus pandemic, said a statement by the fund on Friday, June 5th.

    This new loan will enhance an improvement program in the public finance sector in encountering the current circumstances, according to the statement.

    This is the second loan arranged by the fund to the North African country in a month.

    The AMF had on May 7 arranged another loan to Morocco of 127 million U.S. dollars meant to support the country's external monetary position and meeting emergency needs.

    MENAFN0606202000450000ID1100281057

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved