RABAT, July 12 (Xinhua) -- The World Bank has lent Morocco 500 million U.S. dollars to improve the education system up to 2030.
The loan agreement was signed Thursday in Rabat by Moroccan Minister of Economy and Finance Mohamed Benchaaboun and World Bank Maghreb Country Director Marie Francoise Marie-Nelly, said the official news Agency MAP Friday.
The loan is aimed at creating an environment for quality early childhood education, enhancing teachers' training and strengthening the education sector's management capabilities, said the agency.
The program is part of the strategic partnership (2019-2024) between Morocco and the World Bank, it added.
In a statement published on its website, the World Bank stated that the program is designed to "support improved teaching practices in primary and secondary education, and strengthen the management capacity and accountability along the education service delivery chain in the Program Areas."
"Only 50 percent of Moroccan children aged 4-5 attended preschool in 2017," said the World Bank, adding that "as a condition for learning preparedness, access to quality early childhood education is a major focus of the current program."