July 6, 2022
On July 1, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of the Kingdom of Morocco in Rabat to provide a Japanese ODA loan of up to 22,000 million yen for the Development Policy Loan for the Improvement of Learning Environment of Basic Education.
With regional bodies and schools in Morocco experiencing a lack of resources and know-hows for practicing effective school management, the objective of the program loan is to improve the learning environment of basic education through development-policy support. Such improvement will help promote the economic stabilization and development efforts of Morocco. This program loan will contribute to the achievement of SDGs (Sustainable Development Goals) Goals 4 (Quality education) and 10 (Reduced inequalities).
Details for the program loan are as follows:
|Annual interest rate (%)||Repayment
|Development Policy Loan for the Improvement of Learning Environment of Basic Education||22,000||0.85%||25||7||General untied|
2. Executing Agency
Ministry of Economy and Finance (Ministère de l'Economie et des Finances)
Address:1, Avenue Mohammed V, Rabat, Morocco
Ministry of National Education, Preschool and Sports (Ministère de l’Éducation Nationale, du Préscolaire et des Sports)
Address: Siège Central Bab Rouah Rabat, Morocco
3. Planned Implementation Schedule
(1) Expected Completion of program loan: July 2024 – with the completion of the loan disbursement
(2) Issuing of letters of invitation for consulting services (including detailed design work): No hiring of consultants is planned for this program loan.
(3) Tender announcement of the initial procurement package for international competitive bidding on the project construction: No work in conjunction with bidding is planned for this program loan.