Highlights

Participation of the Directorate of Treasury and External Finance in the Semi-annual Meeting of the Morocco- Italy Joint Management Committee : 23/02/2017

Participation of the Directorate of Treasury and External Finance in the Semi-annual Meeting of  the Morocco- Italy Joint Management Committee

The Directorate of Treasury and External Finance (DTFE) participated in the meeting of the Morocco-Italy Joint Management Committee (CMG), held, February 23rd, 2017 in Rome .This event was chaired by the Director General of the Italian Agency of Development Cooperation at the Italian Ministry of Foreign Affairs and International Cooperation.

The focus of this meeting was the monitoring of the projects financed within the programs of debt swaps for public investments in progress.

The implementation of this between Morocco and Italy was initiated following the visit of His Majesty King Mohammed VI to Italy in April 2000.

​Since then, four agreements covering a total amount of € 155 million have been concluded between both countries and have resulted in the cancellation, at the end of 2016, of € 151 million of Moroccan debts to Italy.