2024-03-11 20:56:34
The Municipal Equipment Fund (FEC) and the Draâ-Tafilalet region signed, on Monday, a financing agreement for an amount of 1.7 billion dirhams (MMDH) with a view to contributing to the financing of an ambitious Program investment to be made by 2027.
This agreement defines the terms and conditions for granting and mobilizing by the FEC a line of credit for the benefit of the Draâ-Tafilalet region for the financing of priority projects of the Regional Development Program (PDR) of this region 2022 -2027 and the Program for Reducing Territorial and Social Disparities in Rural Areas (PRDTS), indicates the Fund. These programs aim to improve the economic attractiveness of the region’s territorial areas, open up populations in rural areas, combat water stress, as well as the implementation of adaptation projects linked to climate change, know the same source.
And to conclude that the realization of this line of credit consolidates the confidence of local authorities, more particularly that of the regions, in the FEC as a technical and financial partner of reference and allows both parties, in a spirit of responsibility and ambition, to confirm their commitment to promoting inclusive, sustainable and dynamic regional development.
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