Mr. MOHAMMED BOUSSAID, Minister of Economy and Finance and Mr. MICHAEL HAMAIDE, Acting Country Director (Maghreb Department, Regional Office Middle East and North Africa of the World Bank), signed Friday, March 27th
, 2015 at the headquarters of the Ministry of Economy and Finance, the financing agreement for the Fourth loan of the Household Waste Sector Development Policy.
This loan, amounting to US $ 130 million (about 1.3 billion dirhams), is the second in a series of two operations, through Development Policy Loans (PPD), which aim to support the efforts of the Moroccan Government to implement an Integrated Management System of Household Waste (GIDM).
This transaction with the World Bank follows the government priorities, in supporting Morocco’s remarkable efforts to improve governance and the sustainability of Household Waste sector through the effective implementation of the National Program of Household Waste (PNDM).
This project is based on the following four areas:
Improve the Household Waste Sector Governance and Assimilated
Improve the institutional and financial sustainability of Household and Similar Waste Management Services.
Improve the Environmental Control and Monitoring.
Develop recovery processes.
Furthermore, the main objectives of this operation focus in particular on:
- Improving the accountability of public and private household and similar waste providers with regard to citizens;
The transparent use of public funds in the private provision of household and similar waste services;
- Improving the operational and environmental performance of the (PNDM);
- Improving the financial capacity of local authorities for a sustainable management of household and similar waste services;
- The regular monitoring and inspection of all waste treatment facilities;
- Improving the financial resources available to promote recycling activities as well as improving the social and environmental performance of the sector.
The Minister welcomed, on this occasion, the level and quality of partnership relations and cooperation between Morocco and the World Bank and thanked the institution for the continued valuable contribution for Morocco to implement key structural reforms.