75479 Kingdom of Morocco Third Municipal Solid Waste Sector Development Policy Loan SUMMARY OF DISCUSSION* Meeting of Executive Directors February 14, 2013 Executive Directors approved the Third Municipal Solid Waste Sector Development Policy Loan for the Kingdom of Morocco in the amount of EUR 100 million (US$ 130 million equivalent) on the payment terms and conditions set out in the President’s Memorandum (R2013-0007). Directors welcomed the outcomes achieved to date in the solid waste sector in Morocco and supported the proposed reforms which will improve accountability of service providers, provide citizens with new and effective opportunities for engagement, and help create jobs. Directors underscored the critical importance of capacity building, particularly at the sub-national level. They emphasized the importance of the gender aspect of this program, noting the Government’s commitment to dedicate a portion of the eco-tax revenue to improve the economic and social conditions of waste pickers in the informal sector, many of whom are women. Finally, Directors emphasized the importance of disseminating the lessons learned from this program to other countries. _________________________________________ *This summary is not an approved record.