Morocco - Inclusive and Sustainable Development Project for Agricultural and Rural Areas (PADIDZAR) — Morocco

Overview

The proposed intervention is an AfDB loan of UA 95 million, or the equivalent of EUR 114.03 million, to the Kingdom of Morocco to finance the Inclusive and Sustainable Development Support Programme for Agricultural and Rural Areas (PADIDZAR). This programme is a results-based financing (RBF) operation in keeping with the implementation of the new Green Generation Strategy (GGS) 2020-2030 approved in January 2020 to support the National Drinking Water Supply and Irrigation Programme 2020-2027 approved in January 2020. The programme is in line with the State's efforts to reduce poverty and promote inclusion in rural areas, where the poverty rate is twice as high as the national figure and where 79.4% of the poor reside (HCP, 2018). To implement this strategy, it will be necessary to increase the sector’s budget by about 2.5% every year from 2020. PADIDZAR will be implemented over six years (2021-2026).