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National Human Development Initiative
The National Human Development Initiative is a program launched in 2005 by King Mohammed VI of Morocco with the objective of "ensuring a better distribution of the fruits of growth and to improve the living conditions of citizens". The program has a budget of 10 billion Dirham (about 900 million Euro) over five years (2006–2010). It is distributed equally between two country-wide programs (one called a "transversal program" and a "program against precarious living conditions") and two geographically targeted programs (an urban and a rural program). 60% of the program is financed by the national government, 20% by local governments and 20% is to be financed by external donors. For the urban program, committees at the local level identified 264 urban neighborhoods with the greatest needs in 30 cities that would benefit from the initiative. The neighborhoods have a population of 2.5m or 16% of the country's urban population. The rural program targets the 348 rural municipalities where ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohammed VI Of Morocco
Mohammed VI ( ar, محمد السادس; born 21 August 1963) is the King of Morocco. He belongs to the 'Alawi dynasty and acceded to the throne on 23 July 1999, upon the death of his father, King Hassan II. Upon ascending to the throne, Mohammed initially introduced a number of reforms and changed the family code, ''Mudawana'', granting women more power. Leaked diplomatic cables from WikiLeaks in 2010 led to allegations of corruption in the court of Mohammed, implicating him and his closest advisors. Widespread disturbances in 2011, a Moroccan element of the Arab Spring, protested against corruption and urged political reform. In response, Mohammed put into effect a program of reforms and introduced a new constitution. These reforms were passed by a public referendum on 1 July 2011. Mohammed has vast business holdings across several economic sectors in Morocco. His net worth has been estimated at between and over US$8.2 billion, and, according to the American business magaz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Morocco
The economy of Morocco is considered a relatively liberal economy, governed by the law of supply and demand. Since 1993, Morocco has followed a policy of privatization of certain economic sectors which used to be in the hands of the government. Morocco has become a major player in African economic affairs, and is the 5th largest African economy by GDP (PPP). The World Economic Forum placed Morocco as the 1st most competitive economy in North Africa, in itAfrican Competitiveness Report 2014–2015 The services sector accounts for just over half of the GDP. The industry sector– consisting of mining, construction and manufacturing – is an additional quarter. The sectors that recorded the highest growth are the tourism, telecoms, and textile sectors. Morocco, however, still depends to an inordinate degree on agriculture, which accounts for around 14% of GDP but employs 40–45% of the Moroccan population. With a semi-arid climate, it is difficult to assure good rainfall and M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
