The World Bank announced last December 3 it will grant Morocco $400 million to support its social protection reform program.
According to the institution, the funds will be used to support, among others, the emergency response of social protection to the covid-19 project. This project aims to support poor and vulnerable households during the pandemic, notably through social assistance in the form of cash transfers.
Beyond the pandemic, which has already affected 379,657 people in Morocco, resulting in 6,245 deaths and 331,301 recoveries, the Moroccan authorities hope that this funding will help strengthen the resilience of populations to future shocks.
In this way, the funds will finance the country's social protection system, in particular by contributing to the deployment of family allowances, while at the same time improving governance, digital infrastructure, and the coherence of the various social programs. Thanks to its contingency funding mechanism, the government will be able to quickly reallocate funds to respond as quickly as possible to possible emergencies in the coming months.
"The program is based on a short- and medium-term approach, aimed at mitigating the impact of the crisis on large segments of the population while supporting the country's efforts to build a strong social protection system. This requires a concerted rethinking of social protection programs to align their objectives and make them more effective," said Mehdi Barouni, Senior Economist at the World Bank.
In Morocco, it is estimated that covid-19 has disempowered about 712,000 formal sector employees and 4 million workers in the informal sector.
Moutiou Adjibi Nourou
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...
Nigeria opened a formal investigation into Temu over alleged violations of its 2023 data protectio...
The main point of contention between Niamey and France’s Orano concerns the uranium stock extracted ...
Africa secured $13.84 billion across 306 energy transition deals in 2025. Clean energy projects accounted for 98.3% of total investment...
Africa averages 65 grams of protein per person daily, versus 91 grams globally. WEF says doubling fish production could reduce the continent’s protein...
WFP warns its funds will run out within weeks without urgent support. 4.4 million people face acute hunger; only one in seven receives aid. $95...
DRC and World Bank approved an action plan to raise disbursement to at least 30% in 2026. Current rate stood at 22% in 2025, below 25% over the past...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...