RABAT, May 20 (Xinhua) -- The Arab Monetary Fund (AMF) has approved a 127-million-U.S.-dollar emergency assistance loan to help Morocco strengthen its financial position, an AMF statement said Wednesday.
The AMF is studying another loan for Morocco to support its reform program in the financial sector, according to the statement carried by the official news agency MAP.
The AMF will work through a fruitful partnership with Morocco to provide the most effective way to meet various challenges, it noted. Enditem
