Maroc - Programme de Réformes Economiques et Sociales (PRES)


Project Summary

Approval Date 09 Dec 1998
Signature Date 10 May 1999
Planned Completion Date 01 Jun 2003
Last Disbursement Planned Date 31 Dec 2002
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 43010
Commitment U.A 145,605,329.33
Status Completion

Project General Description

The Economic and Social Reform Program (PRES) is about putting in place the conditions for strong and balanced economic growth in Morocco. The PRES is structured around the four components: (i) establishment of a viable medium-term macroeconomic framework, (ii) public sector reform, (iii) private sector development, and (iv) poverty reduction and human resource development. The program is financed by the ADB in the amount of 348.735 million Dirhams Moroccan, about 149 MUC and the World Bank (BM) up to 250 MUSD.

Project Objectives

The goal of the PRES is to create the conditions for strong economic growth, generating jobs and to gradually reduce the accumulated social deficits in recent years, while respecting the requirements of achieving internal and external financial balances.

Beneficiaries

The program will benefit directly to the Government of the Kingdom of Morocco.

Participating Organization

Funding
African Development Bank
Implementing
GOUVERNEMENT DU MAROC MINISTERE DES FINANCES DIRECTION DU

Information

IATI identifier 46002-P-MA-K00-002
Last Update 31 Oct 2019

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Geographic Location

Country Morocco