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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Morocco : € 200,000,000
    Health : € 200,000,000
    Signature date(s)
    23/07/2020 : € 200,000,000

    Summary sheet

    Release date
    30 June 2020
    Status
    Reference
    Signed | 23/07/2020
    20200322
    Project name
    Promoter - financial intermediary
    MAROC COVID-19 PUBLIC HEALTHCARE LOAN
    MINISTERE DE LA SANTE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 230 million
    Location
    Sector(s)
    • Health - Human health and social work activities
    Description
    Objectives

    The project consists of financing of eligible costs incurred by the government of Morocco in relation to the COVID-19 pandemic. This includes acquisition of medical equipment, medical supplies, drugs and logistics, as well as the strengthening of medical health system with pandemic preparedness interventions.

    The project is supporting the National surveillance and response plan to fight COVID-19 of the Moroccan Government. The epidemic of COVID-19 is anticipated to trigger severe shortages in the epidemiological area, healthcare services delivery and supply of critical consumables in an already underfinanced and stretched health sector.

    Environmental aspects
    Procurement

    The promoter will implement the project in accordance with the EIB's Environmental and Social principles and standards.

    The promoter will implement the project in accordance with the EIB's Guide to Procurement.

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - MAROC COVID-19 PUBLIC HEALTHCARE LOAN
    Publication Date
    23 Jul 2020
    Document language
    Main Topic
    Lending
    Document Number
    130353283
    Document Focus
    Environmental Information
    Project Number
    20200322
    Sector(s)
    Countries
    Publicly available
    Download now

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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