ADB approves loan for Moroccan health reforms
The African Development Bank (ADB) has signed a loan agreement €110 million to finance major reforms of the health sector in Morocco. The loan is intended to support the efforts of the Moroccan government in its reforms of the public health sector.
The financing will also help the population to benefit from improved access, geographically and financially, to quality basic healthcare at reasonable cost. The Medical Coverage Reform Program (PARCOUM), which covers a period of four years, would benefit 85 percent of the Moroccan population, including the less favored groups. Furthermore, the program will improve governance as well as upgrade and mobilize human resources in the health sector.
The loan covers 26.29 percent of the entire program estimated to approximately €2.473 billion. The Moroccan government will meet the remaining cost with the support of other development partners. The total commitment of the Bank Group to Morocco is estimated to be approximately €3.35 billion for 71 operations. — (menareport.com)
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