European Commission announces US$321 million in new funding for development in Morocco
The European Commission adopted new bilateral cooperation programs worth €289 million (US$321 million) to support Morocco on reforms and inclusive development. The new bilateral cooperation financing was accompanied by an additional €102 million (US$113 million) in budget support for border management through the EU Emergency Trust Fund for Africa.
The total of €389 million (US$432 million) in funding is intended to help contribute to sustainable and inclusive growth in Morocco while also fighting smuggling networks and protecting migrant victims. The development funding is aimed at improving access for vulnerable people to education and vocational training; strengthening the health sector; improving public administration performance; strengthening protections for human rights; and providing institutional support for the Moroccan Parliament.
Josep Borrell, the High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the European Commission, said in a statement announcing the funding that shared challenges give rise to the need for deeper EU cooperation with Africa.
Press release - European Commission