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Morocco plans to invest $34 billion, bolstering the economy in 2024
Posted on January 8, 2024 |
Morocco reveals plans to invest 335 billion Moroccan dirhams ($34 billion) in various projects during 2024.
The capital spending covers diverse sectors such as infrastructure, power, roads, farming, and industry.
A substantial portion, around MAD45 billion ($4.55 billion), is allocated to the King Mohammed Investment Fund.
Additionally, nearly MAD15 billion ($1.51 billion) is set aside for the reconstruction of facilities damaged by the earthquake in September 2023.