| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 700.00 |
Financial Inclusion and Digital Economy DPF
Abstract*
Morocco has made significant social and economic progress over the past 15 years due to large public investments and political, institutional and sector reforms, along with measures to ensure macroeconomic stability.Yet, despite these achievements, as stressed in the June 2018 Systematic Country Diagnostic (SCD), Morocco continues to face development challenges, and the aspirations of its citizens for a better life remain unmet.The contribution of... Show More
Development Objective
The Program Development Objective (PDO) is to foster financial inclusion and contribute to digital transformation for individuals, enterprises, and entrepreneurs.
Key Details
Project Details
P168587
Closed
Djibrilla Issa , Dalia Al Kadi
Kingdom of Morocco
November 15, 2018
(as of board presentation)
February 19, 2019
April 10, 2019
US$ 0.00 million
Ministry of Economy, Finance and Administration Reform
2019
US$ 700.00 million
N/A
N/A
December 31, 2020
BANK APPROVED
December 22, 2021
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 700.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 700.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Oct 15, 2020 | IBRD-89250 | Int Charges | 5,108,893.50 |
| Oct 15, 2021 | IBRD-89250 | Int Charges | 17,745.25 |
| Oct 15, 2021 | IBRD-89250 | Int Charges | 5,062,461.00 |
| Apr 24, 2019 | IBRD-89250 | Loan Disb | 683,523,650.00 |
| Oct 15, 2020 | IBRD-89250 | Int Charges | 17,908.01 |
| Oct 15, 2019 | IBRD-89250 | Loan Disb | 671,724,540.00 |
| Oct 15, 2019 | IBRD-89250 | Int Charges | 191.73 |
| Oct 15, 2019 | IBRD-89250 | Int Charges | 2,662,268.20 |
| Oct 15, 2019 | IBRD-89250 | Int Charges | 16,835.19 |
| Oct 15, 2019 | IBRD-89250 | Loan Disb | -671,724,540.00 |
| Apr 15, 2023 | IBRD-89250 | Int Charges | 16,900.13 |
| Oct 15, 2022 | IBRD-89250 | Int Charges | 4,244,331.50 |
| Oct 15, 2022 | IBRD-89250 | Int Charges | 14,877.49 |
| Apr 15, 2019 | IBRD-89250 | Loan Disb | -1,728,603.60 |
| Oct 15, 2023 | IBRD-89250 | Int Charges | 4,585,709.00 |
| Apr 10, 2019 | IBRD-89250 | Loan Disb | 1,723,025.50 |
| Apr 15, 2024 | IBRD-89250 | Loan Repay | 16,245,844.00 |
| Apr 15, 2024 | IBRD-89250 | Loan Repay | 40,716.40 |
| Apr 15, 2024 | IBRD-89250 | Int Charges | 4,646,311.50 |
| Apr 15, 2024 | IBRD-89250 | Int Charges | 16,286.54 |
| Apr 10, 2019 | IBRD-89250 | Fee Charges | 1,723,025.50 |
| Oct 15, 2023 | IBRD-89250 | Int Charges | 16,074.11 |
| Apr 15, 2019 | IBRD-89250 | Loan Disb | 1,728,603.60 |
| Apr 15, 2023 | IBRD-89250 | Int Charges | 4,821,360.00 |
| Feb 19, 2019 | IBRD-89250 | Loan Commitment | 700,000,000.00 |
| Apr 15, 2020 | IBRD-89250 | Int Charges | 16,670.13 |
| Apr 15, 2022 | IBRD-89250 | Int Charges | 4,712,581.50 |
| Apr 15, 2022 | IBRD-89250 | Int Charges | 16,518.83 |
| Apr 15, 2020 | IBRD-89250 | Int Charges | 4,755,744.00 |
| Apr 15, 2021 | IBRD-89250 | Int Charges | 18,284.72 |
| Apr 15, 2021 | IBRD-89250 | Int Charges | 5,216,364.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-22-2021 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-24-2022 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | Not Rated | N/a |
| Implementing Agency | N/a | |
| Icr Quality | High | N/a |
| M&e Quality | N/a |
Results Framework
No data available.