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EBRD examines Morocco’s economic situation

A high-level delegation from the European Bank for Reconstruction and Development (EBRD) begins Monday a four-day visit to Morocco to “gather first-hand information on the economic and political evolution of the country”.

This relocation of the European institution will allow EBRD shareholder representatives to meet senior officials, business representatives, diplomats, as well as international partners and civil society organizations.

In particular, the EBRD will undertake visits to private and public projects it has financed in Kenitra and Tangier. The visit is part of a series of regular consultations that allow EBRD directors to observe the priorities of the local economy. Note that the European bank has already invested more than 20 billion dirhams (1.9 billion euros) in Morocco, since 2012, to finance some 55 projects.

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