Amira
Serene Highness
- Joined
- Dec 12, 2003
- Messages
- 1,104
- City
- Casablanca
- Country
- Morocco
Initial One billion euros earmarked for human development initiative
Agadir, 27 juin - More than MAD 10 billion, around 1 billion euros, have been earmarked to carry out the priority projects provided for by the Moroccan Initiative for Human Development (INDH) during the 2006-2010 period.
The funding convention of the initiative, known by its French acronym INDH, was signed here Monday by HM King Mohammed VI after it was worked out in five weeks, in the morrow of the Royal speech on May 18 that announced the large-scale, social policy based on integrated programs to reduce social disparities and fight exclusion. It is designed to provide basic infrastructure to millions, from adequate housing and drinking water to health care and education.
The convention, which was also signed by the Prime minister, the ministers of finance and the interior and the Hassan II Fund executive board president, provides for additional and progressive spending that will amount to MAD 1,5 billion in 2006 to reach MAD 2.5 billion by 2010.
The instrument is setting up this current year a special account (INDH support fund) in anticipation of the 2006 appropriation bill to secure additional and specific funding to the initiative.
The earmarked funds are drawn from the State general budget that is contributing 60%, local collectivities 20% and international cooperation 20%.
For the second quarter of 2005, MAD 250 million have been allocated to start on-the-terrain actions, contributed to by the State budget with MAD 50 million, local collectivites 100 million and the Hassan II Fund MAD 100 million.
After 2010, INDH funding needs will be reconsidered to identify resource consolidation mechanisms, according to future needs.
HM the King congratulates new Iranian President
Rabat, June 27 - HM King Mohammed VI has addressed a message to Iranian president-elect, Mahmoud Ahmadinejad, to congratulate him on his election.
Ahmadinejad received a landslide win with 17,248,782 (61.95 percent) votes out of total 27,959,253 in the election on June 24.
The sovereign wished in the message to the president-elect success in his mission to concretise the aspirations of the Iranian people to further progress and prosperity.
HM the king also expressed resolve to work for the development of bilateral relations, the consolidation of solidarity between peoples of the Islamic nation and the triumph of values of peace, security and prosperity in the world.
HM King Mohammed VI receives Pakistani FM
Agadir, June 28 - HM King Mohammed VI received Tuesday at the Royal Palace of Agadir, visiting Pakistani Minister of State for Foreign Affairs, Makhdum Khurso Bakhtyar.
The envoy of the Pakistani head of State conveyed to the Moroccan king a message from Pakistani President, Pervez Musharraf.
Earlier, Bakhtyar held talks with Moroccan Foreign trade Minister, Mustapha Mechahouri, on the reinforcement of bilateral cooperation in trade. They evoked the different free trade and association accords which Morocco concluded with several countries, allowing it to become a platform for investment, production and exports.
The two sides highlighted the need to concretise the joint political will by establishing partnerships between Moroccan and Pakistani economic operators, and sharing expertise, notably in tourism and textile.
HM King Mohammed VI receives foreign ambassadors
Agadir, June 30 - HM King Mohammed VI received Thursday at the Royal Palace of Agadir (central Morocco) several foreign ambassadors who presented their credentials as ambassadors of their country in Morocco.
The ambassadors are namely Christian Dunant of Switzerland, Abdelmouhcine Mohamed Said of Iraq, Katia Petrova Todorova of Bulgaria, Joanna Wronecka of Poland, and Ibrahim Traore of Burkina Faso.
HM the king also received other ambassadors at the end of their mission in Morocco namely, Jarjar M. Kamara of Liberia, Michel Cambanis of Greece, Ali Moutanna Hassan of Yemen, Ahmed Mekki Ahmed Yahia of Sudan, Haydon Boyd Warren-Gash of the United Kingdom of Great Britain and Northern Ireland.
Agadir, 27 juin - More than MAD 10 billion, around 1 billion euros, have been earmarked to carry out the priority projects provided for by the Moroccan Initiative for Human Development (INDH) during the 2006-2010 period.
The funding convention of the initiative, known by its French acronym INDH, was signed here Monday by HM King Mohammed VI after it was worked out in five weeks, in the morrow of the Royal speech on May 18 that announced the large-scale, social policy based on integrated programs to reduce social disparities and fight exclusion. It is designed to provide basic infrastructure to millions, from adequate housing and drinking water to health care and education.
The convention, which was also signed by the Prime minister, the ministers of finance and the interior and the Hassan II Fund executive board president, provides for additional and progressive spending that will amount to MAD 1,5 billion in 2006 to reach MAD 2.5 billion by 2010.
The instrument is setting up this current year a special account (INDH support fund) in anticipation of the 2006 appropriation bill to secure additional and specific funding to the initiative.
The earmarked funds are drawn from the State general budget that is contributing 60%, local collectivities 20% and international cooperation 20%.
For the second quarter of 2005, MAD 250 million have been allocated to start on-the-terrain actions, contributed to by the State budget with MAD 50 million, local collectivites 100 million and the Hassan II Fund MAD 100 million.
After 2010, INDH funding needs will be reconsidered to identify resource consolidation mechanisms, according to future needs.
HM the King congratulates new Iranian President
Rabat, June 27 - HM King Mohammed VI has addressed a message to Iranian president-elect, Mahmoud Ahmadinejad, to congratulate him on his election.
Ahmadinejad received a landslide win with 17,248,782 (61.95 percent) votes out of total 27,959,253 in the election on June 24.
The sovereign wished in the message to the president-elect success in his mission to concretise the aspirations of the Iranian people to further progress and prosperity.
HM the king also expressed resolve to work for the development of bilateral relations, the consolidation of solidarity between peoples of the Islamic nation and the triumph of values of peace, security and prosperity in the world.
HM King Mohammed VI receives Pakistani FM
Agadir, June 28 - HM King Mohammed VI received Tuesday at the Royal Palace of Agadir, visiting Pakistani Minister of State for Foreign Affairs, Makhdum Khurso Bakhtyar.
The envoy of the Pakistani head of State conveyed to the Moroccan king a message from Pakistani President, Pervez Musharraf.
Earlier, Bakhtyar held talks with Moroccan Foreign trade Minister, Mustapha Mechahouri, on the reinforcement of bilateral cooperation in trade. They evoked the different free trade and association accords which Morocco concluded with several countries, allowing it to become a platform for investment, production and exports.
The two sides highlighted the need to concretise the joint political will by establishing partnerships between Moroccan and Pakistani economic operators, and sharing expertise, notably in tourism and textile.
HM King Mohammed VI receives foreign ambassadors
Agadir, June 30 - HM King Mohammed VI received Thursday at the Royal Palace of Agadir (central Morocco) several foreign ambassadors who presented their credentials as ambassadors of their country in Morocco.
The ambassadors are namely Christian Dunant of Switzerland, Abdelmouhcine Mohamed Said of Iraq, Katia Petrova Todorova of Bulgaria, Joanna Wronecka of Poland, and Ibrahim Traore of Burkina Faso.
HM the king also received other ambassadors at the end of their mission in Morocco namely, Jarjar M. Kamara of Liberia, Michel Cambanis of Greece, Ali Moutanna Hassan of Yemen, Ahmed Mekki Ahmed Yahia of Sudan, Haydon Boyd Warren-Gash of the United Kingdom of Great Britain and Northern Ireland.
Last edited by a moderator:
