Morocco, Kuwait sign framework agreement to manage $1.25 bn Kuwaiti grant

timthumb.phpA framework agreement to manage a 1.25 billion dollar-grant by Kuwait was signed, Thursday in Rabat, by Economy Minister Nizar Baraka and managing director of the Kuwaiti Fund For Arab Economic Development Abdelwahab Ahmad Al Badr.

Speaking on this occasion, Baraka said this donation is part of the strategic partnership between Morocco and the countries of the Gulf Cooperation Council (GCC), which has set the objective of promoting Morocco’s development…read more

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