Programme d'ajustement du secteur financier (I)


Project Summary

Approval Date 27 Jan 1992
Signature Date 05 Mar 1992
Planned Completion Date 31 Dec 1993
Last Disbursement Planned Date 31 Dec 1993
Sovereign / Non-Sovereign Sovereign
Sector Finance
DAC Sector Code 24030
Commitment U.A 75,000,000
Status Completion

Project General Description

The Financial Sector Adjustment Program aims to support private sector financing as the engine of economic growth. It's designed following a study conducted in December 1984 on the state of the financial sector. The program is expected to contribute to maintaining a stable macroeconomic framework, despite years of drought in 1992 and 1993. The program is organized around four components, namely: (i) monetary control; (ii) development of financial markets; (iii) interest rate and the selective credit policy; and (iv) prudential management and banking supervision.

Project Objectives

The objective pursued through this program is to make the financial system more efficient and more competitive in order to achieve a better allocation of resources.

Beneficiaries

The ultimate beneficiaries of the program are the Moroccan populations.

Participating Organization

Funding
African Development Bank
Implementing
BANK AL-MAGHRIB

Information

IATI identifier 46002-P-MA-HAZ-001
Last Update 21 Oct 2020

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Geographic Location

Country Morocco