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Third Financial and Digital Inclusion Development Policy Lending

Abstract*

The development objective of the Third 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 the resilience of households and firms. This DPF is part of a series which supports reforms to: (a) mitigate the impact of the Coronavirus disease of 2019 (COVID-19) pandemic;...

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

Key Details

Project Details

  • P174005

  • Closed

  • Fadwa Bennani , Cyril Desponts

  • Kingdom of Morocco

  • Morocco

  • December 15, 2021

  • (as of board presentation)

    March 31, 2023

  • July 3, 2023

  • US$ 450.00 million

  • N/A

  • Not Applicable

  • December 31, 2024

  • BANK APPROVED

  • P174004

  • October 2, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 450.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 450.00
IDA Commitment N/A
IBRD + IDA Commitment 450.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jul 31, 2023 IBRD-95060 Loan Disb 466,976,768.00
Apr 15, 2024 IBRD-95060 Int Charges 11,030,507.00
Jul 3, 2023 IBRD-95060 Fee Charges 1,155,096.60
Oct 15, 2023 IBRD-95060 Int Charges 3,940,860.20
Oct 15, 2023 IBRD-95060 Int Charges 106,745.50
Jul 3, 2023 IBRD-95060 Loan Disb 1,155,096.60
Mar 31, 2023 IBRD-95060 Loan Commitment 450,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Program Management Satisfactory 2024-04-29
Progress towards achievement of PDO Moderately Satisfactory 2024-04-29
Monitoring and Evaluation Moderately Satisfactory 2024-04-29
Overall Implementation Progress (IP) Moderately Satisfactory 2024-04-29

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.