The World Bank Group and the Government of Morocco announced on Monday, July 13, 2026, the adoption of a new Country Partnership Framework (CPF) for the period 2026-2035. The framework envisions up to $15 billion in financing over ten years to accelerate growth and job creation, according to a joint statement.
The CPF aligns with Morocco's new development model and focuses on three key pillars: strengthening human capital, promoting private sector-led growth, and building resilience to climate change. The World Bank noted that the partnership aims to support Morocco's priorities, including improving education and health outcomes, enhancing competitiveness, and fostering green energy transitions.
This announcement comes as Morocco continues to recover from the economic impacts of the COVID-19 pandemic and the 2023 Al Haouz earthquake. The World Bank's International Bank for Reconstruction and Development (IBRD) and International Finance Corporation (IFC) will contribute to the financing, with the IFC focusing on private sector investments.
The previous CPF (2019-2024) had committed around $6 billion, making this new framework a significant increase. The World Bank emphasized that the new strategy is designed to be flexible and responsive to evolving challenges, including water scarcity and regional disparities.
