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Supporting the implementation of SOE Reform in Morocco

Abstract*

Reforms implemented in Morocco since the turn of the century paved the way for 20 years of economic expansion and social progress. Starting in 2009, social and economic progress in Morocco experienced a slowdown, caused by structural limitations in the development model and external shocks, including the COVID-19 pandemic. Challenges include low efficiency in public investment and slow private sector transformation, leading to modest growth compared...

* 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 Program Development Objective is to improve the governance, restructuring, competitive neutrality and performance monitoring of States Owned Enterprises.

Key Details

Project Details

  • P181522

  • Active

  • Natalia Agapitova , Pedro Arizti, Samia Mouline

  • Ministry of Economy and Finance

  • Morocco

  • January 29, 2024

  • (as of board presentation)

    June 21, 2024

  • September 17, 2024

  • US$ 0.00 million

  • Direction des Etablissements Publics et de la Privatisation (DEPP),National Agency For the Strategic Management of State Participations

  • Middle East and North Africa

  • 2024

  • US$ 350.00 million

  • N/A

  • March 19, 2024

  • June 29, 2029

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 350.00
Borrower/Recipient 1066.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 350.00
IDA Commitment N/A
IBRD + IDA Commitment 350.00
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$)
Jun 21, 2024 IBRD-97000 Loan Commitment 350,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Satisfactory 2024-10-09
Progress towards achievement of PDO Satisfactory 2024-10-09
Monitoring and Evaluation Satisfactory 2024-10-09

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.