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Morocco - Urban Transport Sector Development Policy Loan Project : summary of discussion (Inglês)

Executive Directors approved an Urban Transport Sector Development Policy Loan Project for the Kingdom of Morocco in the amount of Euro 100 million (US$ 136.7 million equivalent) on the payment conditions set out in the President's Memorandum (R2011-0040). Executive Directors expressed support for the objectives of the operation, noting they will improve sector governance and service delivery to all citizens while advancing environmental and social sustainability. They acknowledged that the project will facilitate growth, competitiveness, and employment, particularly for the urban and peri-urban poor. Directors encouraged continued attention to donor coordination, issues of competitiveness, and capacity building. The importance of scaling up efforts to address job losses was also highlighted.

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