Rabat - The Japanese International Cooperation Agency (JICA) extended Morocco on Friday a loan of $ 100 million to support basic education.
Rabat – The Japanese International Cooperation Agency (JICA) extended Morocco on Friday a loan of $ 100 million to support basic education.
The donation agreement, signed by economy and finance minister, Mohamed Boussaid, and JICA representative in Morocco, Koichi Shoji, stipulates that the loan will go to build 21 high schools (40pc of the loan) and contribute to back quality learning.
The 21 high schools with dormitories will be built in rural regions to develop education by improving access conditions, quality and governance in the sector. The funds will also contribute to reducing economic and social gaps between urban and rural regions by developing human resources.
JICA representative said at the signing ceremony that the Japanese agency projects with another technical assistance project to be signed in December 2013 to improve the education quality and fair access to education.
Since 1967, JICA has participated in financing 33 projects for a total amount of USD 2.6 billion and extended the Kingdom donations worth S 345 million.