The new pampered child to replace Egypt? Qatar okays $1.25 billion aid package to Morocco

The new pampered child to replace Egypt? Qatar okays $1.25 billion aid package to Morocco
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Published December 29th, 2013 - 03:55 GMT via SyndiGate.info

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Four Gulf states — Qatar, Saudi Arabia, Kuwait and the UAE — agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017.
Four Gulf states — Qatar, Saudi Arabia, Kuwait and the UAE — agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017.

Qatar and Morocco have signed an aid deal worth $1.25 billion, part of a five-year package of financial assistance extended by wealthy Gulf states to the North African kingdom to help it weather ‘Arab Spring’ protests.  

Four Gulf states — Qatar, Saudi Arabia, Kuwait and the UAE — agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017 to build up its infrastructure, strengthen its economy and foster tourism. Each of the four countries has committed $1.25 billion to Morocco for the whole five-year period.

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