Highlights

Financial and technical cooperation between Morocco and the European Investment Bank (EIB) : 27/01/2012

Financial and technical cooperation between Morocco and the European Investment Bank (EIB)

The Minister of Economy and Finance, Mr. Nizar Baraka expressed, Friday, January 27th 2012 in Rabat, his confidence in the future of financial and technical cooperation between Morocco and the European Investment Bank (EIB).

During his meetings with the Vice-President of the EIB, Mr. Philippe de Fontaine Vive, Mr. Baraka has expressed the wish to see ​​the EIB work, in collaboration with the European Commission, towards a combination of grants and loans to put forward optimal financing solutions and meet the priorities set by the new government in terms of economic modernization.

Having reviewed the various aspects of this cooperation at a meeting held in Rabat, Mr. Baraka and the Vice President of the Bank reaffirmed their common will to further develop relations between Morocco and the EIB, called on to play a key role in the new European Neighbourhood Policy.

The Minister Delegate to the Minister of Economy and Finance in charge of the Budget, Mr. Driss Azami El Idrissi, welcomed the EIB`s continued support to Morocco`s economic and social development program.