Highlights

Signing Ceremony between Morocco and the Arab Monetary Fund to finance the public finance reform program : 18/12/2013

Signing Ceremony between Morocco and the Arab Monetary Fund to finance the public finance reform program

A signing ceremony ,held, December 18th 2013 at the Ministry of Economy and Finance between Morocco and the Arab Monetary Fund (AMF ) on the financing of the public finances reform with an amount of approximately 2.27 billion dirhams .

The meeting was chaired from the Moroccan side by Mr. Mohamed. Boussaid , Minister of Economy and Finance and from the FMA side , by Mr. Jassim Al Manai , Chief Executive Officer and Chairman of the Board of Executive Directors of the FMA

During his speech, Mr. Boussaid thanked the Director General of the FMA for the fund's particular interest in strengthening the financial cooperation relations with our country

Similarly, he expressed the will to see the FMA continue to support the efforts of the Moroccan Government in the economic and financial reforms and confirmed that our country will make every possible effort to strengthen cooperative relations that link the two sides.

For its part, Mr. Al Manai, welcomed the quality of bilateral relations between FMA and Morocco, and stressed the Fund's commitment to work with Morocco to further strengthen these relations. Similarly, he stated that the FMA will continue its support to the financing of Morocco's structural and institutional reforms.

During the period 2009-2012, the FMA's total lending commitments, in our country reached 6 billion dirhams.