|Approval Date||08 Jul 2022|
|Signature Date||07 Nov 2022|
|Planned Completion Date||15 Dec 2027|
|Last Disbursement Planned Date||31 Dec 2023|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||11231|
The proposed intervention is an AfDB loan of EUR 87 million to the Kingdom of Morocco to finance the first phase of the Support Programme for the Generalisation of Social Coverage (PAGCS). This is a sector budget support operation whose main objective is to support the Moroccan government in implementing its programme to bolster and consolidate the foundations of the ‘Social State’, in particular, by expanding social protection while improving governance and the efficiency of the system. Therefore, the program lays the foundations for completing the structural reforms aimed at making the social protection system much more inclusive and sustainable, and these reforms will complement the major investments in health infrastructure supported by the Bank. PAGCS will be implemented in 2022/2023 through a self-standing programme-based operation. This operation will be followed by a second phase in 2023.
The goal of PAGCS is to contribute to social protection system reforms in Morocco to increase social coverage of the population. Its main objective is to support the Moroccan government in its Programme and to bolster and consolidate the foundations of the ‘Social State’, in particular, by expanding social protection while improving governance and the efficiency of the system.
PAGSC direct beneficiaries will comprise 11 million non-salaried workers (including1.6 million farmers) and self-employed people who will be covered by Mandatory Health Insurance (AMO). The programme will benefit about 7,000,000 0-to 21-year-olds, of school-age, who will benefit from expanded family allowances by 2024as well as vulnerable families without children. It will also allow1,500,000 private sector workers to be insured and subject to the pension scheme by 2025 as well as informal sector workers who will migrate to more secure, formal sector jobs. The indirect beneficiaries are VSMEs, SMEs as well as national ad foreign investors who will take advantage of the business climate and the quality of human capital, largely due to better social protection and health services.
African Development Bank
Ministère de l#Economie, des Finances et et de la Réforme Administrative
|Last Update||22 Mar 2023|
|Name||Oussama BEN ABDELKARIM|