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First Financial and Digital Inclusion Development Policy Financing

Abstract*

The development objective of First Financial and Digital Inclusion Development Policy Financing (DPF) for Morocco is to improve financial inclusion, digital entrepreneurship and access to digital infrastructure and services for individuals and businesses and strengthen resilience of households and firms. Financial inclusion has emerged in recent years as a significant policy priority to promote social and economic inclusion and job creation opportunities...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The overarching Development Objective of the proposed DPF series is to improve financial inclusion, digital entrepreneurship and access to digital infrastructure and services for individuals and businesses and strengthen resilience of households and firms.

Key Details

Project Details

  • P171587

  • Closed

  • Djibrilla Issa , Dalia Al Kadi, Arthur Foch

  • Kingdom of Morocco

  • Morocco

  • January 8, 2020

  • (as of board presentation)

    June 22, 2020

  • July 31, 2020

  • US$ 500.00 million

  • N/A

  • N/A

  • December 31, 2021

  • BANK APPROVED

  • September 8, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 500.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 500.00
IDA Commitment N/A
IBRD + IDA Commitment 500.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Feb 15, 2022 IBRD-91330 Int Charges 3,077,965.50
Aug 15, 2021 IBRD-91330 Int Charges 3,187,292.20
Feb 15, 2021 IBRD-91330 Int Charges 3,291,464.50
Feb 15, 2021 IBRD-91330 Int Charges 106,172.98
Aug 6, 2020 IBRD-91330 Loan Disb 543,202,690.00
Aug 15, 2020 IBRD-91330 Loan Disb 543,000,830.00
Aug 15, 2020 IBRD-91330 Loan Disb -543,000,830.00
Jul 31, 2020 IBRD-91330 Fee Charges 1,362,215.00
Jul 31, 2020 IBRD-91330 Loan Disb 1,362,215.00
Aug 15, 2023 IBRD-91330 Int Charges 2,966,197.50
Feb 15, 2023 IBRD-91330 Int Charges 2,905,701.50
Jun 22, 2020 IBRD-91330 Loan Commitment 500,000,000.00
Aug 15, 2022 IBRD-91330 Int Charges 2,768,161.50
Aug 15, 2024 IBRD-91330 Int Charges 2,986,950.50
Feb 15, 2024 IBRD-91330 Int Charges 2,912,483.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.