According to the Bank’s website, the proposed operation is a EUR 149 million AfDB loan to the Kingdom of Morocco to finance the second phase of the Support Programme for the Generalisation of Social Coverage for Better Employability (PAGCS). PAGCS is a two-phase consecutive programme-based sector budget support (SBS) series covering the periods 2021/2022 and 2022/2023. The programme is helping to address major challenges and constraints which the country continues to face in its efforts to achieve sustainable and balanced socio-economic development. It continues to lay the foundations for the completion of structural reforms aimed at making the social protection system much more inclusive and sustainable for the informal sector's smooth transition to the formal economy, and these reforms will complement the significant investments in health infrastructure supported by the Bank. PAGCS-II maintains the same complementarity components of the initial programme, namely: (i) Extending inclusive social protection and promoting quality employment; and (ii) Providing support for universal health coverage.
PAGCS-II seeks to help speed up reforms of the country's social protection system to ensure better integration of the informal sector, the creation of quality employment opportunities and greater social inclusion. Its main objective is to support the Moroccan government in its programme to strengthen the "Social State". By adopting a programme-based approach, PAGCS-II continues the reform effort, already under way in 2022 (PAGCS-I) to cover 2023, with a view to facilitating alignment with the country's development policies and creating the conditions for inclusive, resilient, and sustainable growth.
Oussama BEN ABDELKARIM
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