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LOANS & CREDITS

Morocco - First Inclusive Green Growth Development Policy Loan

Media Contacts

Washington DC, December 20, 2013—The World Bank's Board of Executive Directors today approved the following project.

IBRD Loan: US $300.0 million equivalent

Terms: Maturity = 29 years, Grace = 6.5 years

Project ID: P127956

Project Description: The development policy loan will promote revenue diversification in rural Morocco, improve the management of natural resources and encourage a shift towards low carbon growth.