EIB Eyes Greater Role in Financing Morocco’s Development Projects

Rabat - The European Investment Bank (EIB) is seeking to deepen its involvement in financing Morocco's key development initiatives, aligned with the country's economic and social priorities, EIB Vice-President Ioannis Tsakiris said on Thursday in Rabat.During his official visit to Morocco, Tsakiris met with Morocco's Minister of Economy and Finance Nadia Fettah, reiterating the Bank's commitment to further strengthening cooperation with Morocco, the ministry said in a press release.For her part, Fettah commended the important strategic partnership between Morocco and the EIB, noting that the Kingdom's economy has demonstrated resilience thanks to a series of reforms driven by King Mohammed VI's leadership.She also praised the EIB's robust engagement with Morocco, highlighting its significant financial commitments to the country's development efforts.Discussions between the two officials touched on the EIB's support for Morocco's ambitious reform agenda, particularly in infrastructure and development projects.Source: Agence Marocaine De Presse