|Approval Date||24 Oct 1985|
|Signature Date||18 Nov 1985|
|Planned Completion Date||30 Sep 1990|
|Last Disbursement Planned Date||30 Sep 1990|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31161|
The present intervention is about the loan for the agricultural revival program. It's part of the adjustment program in agriculture and the measures needed to put an end to stagnation. This loan covers only two (2) crop years or 3 years and consists only of financing the foreign exchange cost of imports of inputs and equipment essential for the agricultural sector. It should make it possible to provide farmers with the essential factors of production that promote productivity and growth in the sector, improve the use of resources and finally achieve a better level of coherence in agricultural policies. The main components of the program are: (a) fertilizers; (b) agricultural machinery and spare parts; (c) seeds; (d) livestock feeds; (e) pesticides and veterinary products; and (f) petroleum products.
The loan aims through the supply of essential inputs, the increase of productivity in agriculture and the rationalization of State interventions and the provision of financial assistance to the Moroccan Government, the implementation of the measures taken in the agricultural revival program of that country.
The ultimate beneficiaries of the loan are Moroccan farmers.
African Development Bank
GOUVERNEMENT DU MAROC MINISTERE DES FINANCES DIRECTION DU
|Last Update||21 Oct 2020|