Factsheet February 19, 2019

Morocco: Financial Inclusion and Digital Economy Development Policy Financing

The Kingdom of Morocco has embarked on a new era of reforms to transform the country’s economy into a more competitive source of growth and productivity. To ensure inclusive growth for the benefit of all Moroccans, the Government has set out an ambitious reform program to address social and economic inclusion challenges, particularly through leveraging the digital economy. 

As part of this effort, the World Bank Board of Executive Directors has approved a new Euro 611.3 million (US$700 million equivalent) Development Policy Financing (DPF) program to promote financial inclusion and transformation to a digital economy in Morocco. The DPF builds upon the Government’s five-year Program 2017-2021, which is reinforced by the National Financial Inclusion Strategy and the national strategy to drive digital transformation (Plan Maroc Numérique). 

Morocco: Financial Inclusion and Digital Economy Development Policy Financing -Factsheet in a PDF format