World Bank approves US$48m loan to help Morocco manage effects of COVID-19

“The government has already taken significant steps to contain the outbreak and lessen the impact on vulnerable sectors and households,” said Jesko Hentschel, World Bank Maghreb Country Director.

World Bank | Washington DC | Updated: 17-06-2020 09:20 IST | Created: 17-06-2020 09:20 IST
World Bank approves US$48m loan to help Morocco manage effects of COVID-19
Under the current restructuring, the scope of the initial Primary Health Program is expanded to include a COVID-19 response component. Image Credit: ANI

The World Bank Board of Executive Directors approved today a US$48-million loan to help Morocco manage the effects of the COVID-19 Pandemic as the Kingdom is exiting strict lockdown measures.

The loan is part of an ongoing Program for Results project, approved in 2015, and aiming to support primary health care services. Through a project restructuring, a total US$13.01 million of undisbursed funds under the Program, and an additional US$35 million from the WBG Fast Track COVID-19 Facility (FTCF), will support the government's COVID-19 health sector response by strengthening prevention, detection, surveillance, and case management.

"The government has already taken significant steps to contain the outbreak and lessen the impact on vulnerable sectors and households," said Jesko Hentschel, World Bank Maghreb Country Director. "The critical phase of the country is entering will require continued strong efforts to contain the pandemic and mobilize resources to finance the sanitary response. Through the current support, we intend to provide Morocco with additional resources to enhance its testing capacity and develop preventive solutions against virus spread."

Under the current restructuring, the scope of the initial Primary Health Program is expanded to include a COVID-19 response component. The PforR will increase the Ministry of Health's budget prioritization effort during this crisis and strengthen hospital readiness for this emergency. The allocated budget finances the procurement of drugs, equipment, and medical supplies. In addition, it will help finance technical and medical equipment for laboratories and hospitals accredited to manage COVID-19 cases and scale-up testing capacity and case management. In this critical phase, mass COVID-19 testing will be needed to ensure that the pandemic curve rapidly flattens, enabling the economy to reopen.

"Through the allocated envelope, our support will help finance about a quarter of the government program to manage pandemic effects. By enhancing disease surveillance systems, the program intends to combine detection of new cases with active contact tracing, which is priority measures in this post-containment phase," said Fatima El Kadiri, Health specialist and co-Task team leader.

Besides, The World Bank loan will also provide additional resources for equipment and training of health workers. "Health personnel have been in at the frontline in the management of the COVID19 crisis. Minimizing risks for them and equipping them with hygiene and protective materials is a critical aspect that the World Bank's support will help address," said Aissatou Diack, Senior Health specialist and co-Task team leader.


TRENDING

OPINION / BLOG / INTERVIEW

East African women traders: 'Celebrating the past, planning for the future'

COVID-19 has hit women disproportionately hard across East Africa, especially those working in the informal sector. Lessons must be learnt to prevent this from happening again....

Viral variants and vaccine nationalism pose two-pronged threat to Covid victory

... ...

Tracking Fintech during COVID-19: Harnessing power of technology

Its abundantly clear now that as fintech cements its place in the financial sector, accelerated further by the COVID-19 pandemic, it could open the sector to new possibilities by harnessing the power of technology to deliver financial ...

Videos

Latest News

Amid oxygen shortage, Jaipur Golden Hospital denies more admission requests

The Jaipur Golden Hospital in Delhi continued to scramble for a continuous oxygen supply and denied admission requests from more patients on Sunday, a day after it reported 20 deaths amid shortage of the life-saving gas.The hospital current...

IPL: Chennai Super Kings defeat Royal Challengers Bangalore by 69 runs in Mumbai.

IPL Chennai Super Kings defeat Royal Challengers Bangalore by 69 runs in Mumbai....

3 drug smugglers held in Punjab's Pathankot

Three drug smugglers were arrested after they opened fire at a police team and tried to flee in Punjabs Pathankot district, police said on Sunday.Police recovered 265 grams of heroin, a USA-made 7.62mm pistol and five cartridges from them. ...

Minority legislators sense moment to pass ''bold'' legislation

In July after George Floyd was killed in Minneapolis, Black and Latino members of the Connecticut General Assembly worked to enact sweeping changes to policing in the state, and since, have continue to flex their collective muscles.Vowing t...

Give Feedback