IFC To Pump US$373M Into Infrastructure Projects In Morocco And Tunisia

International Finance Corporation (IFC), the World Bank’s private lending arm, has recently announced it will invest US$373 million in Maghreb, mainly in Morocco and Tunisia to develop infrastructure projects. It also wants to support both countries as they cut spending in this sector to curb budget deficits. IFC will also help the two nations establish private-public partnerships to support infrastructure financing, Sérgio Pimenta, IFC’s vice president for the Middle East and Africa, indicated

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