The Economic Advisor of Moroccan King Mohammed the Sixth, Mohammed Al-Qabbaj, announced that Morocco is planning to pump large funds, out of privatization revenues, into launching investment projects, reported Al-Hayat . These projects, valued at five million dollars will be launched through the King Hassan the Second Economic and Social Development Fund. The advisor added that the Moroccan King instructed related authorities to inject large portions of privatization revenues into the fund in order to stimulate vital investment projects in the areas of tourism, information technology, housing, irrigation and roads. — (menareport.com)
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