Economy

Morocco strengthens global standing with $1.77 billion World Bank financing

Thursday 11 December 2025 - 11:20

By: Dakir Madiha

Morocco strengthens global standing with $1.77 billion World Bank financing

Morocco has secured $1.77 billion in funding from the World Bank’s International Bank for Reconstruction and Development (IBRD) during the 2025 fiscal year, positioning itself as the 8th largest IBRD borrower globally. This achievement underscores the country’s growing economic collaboration with the multilateral institution.

Morocco’s global ranking among IBRD borrowers

The IBRD, recognized as the world’s largest multilateral development bank, provides financial support to middle-income and creditworthy low-income countries through loans and advisory services. Morocco’s $1.77 billion in net commitments placed it ahead of South Africa ($1.50 billion) and Peru ($1.21 billion) while trailing behind nations such as Brazil, which led with $3.85 billion, Türkiye ($3.79 billion), and Argentina ($3.73 billion). Other top borrowers included Ukraine ($3.14 billion), the Philippines ($2.85 billion), Indonesia ($2.75 billion), and India ($2.35 billion).

This funding highlights Morocco’s strategic economic partnership with the World Bank and its ability to access significant resources for developmental projects.

Regional distribution and Morocco’s contributions to MENA

The Middle East and North Africa (MENA) region, which includes Morocco, was allocated $5.2 billion in IBRD commitments during the 2025 fiscal year. Morocco alone accounted for 34% of these approvals, reinforcing its leadership within the region.

Globally, Latin America and the Caribbean received the highest share of IBRD funding at $12.4 billion, followed by Europe and Central Asia ($10.5 billion), and East Asia and the Pacific ($6.4 billion). Other regions, including East and Southern Africa, South Asia, and West and Central Africa, collectively received smaller allocations.

World Bank financing structure: IBRD and IDA

The World Bank’s financing is split between the IBRD, which supports middle-income nations, and the International Development Association (IDA), which provides concessional funding to low-income countries. The IDA committed $39.9 billion across 303 projects in 2025, benefiting 78 eligible countries, largely in Sub-Saharan Africa and South Asia. Leading recipients included Nigeria ($3.15 billion), Bangladesh ($3.05 billion), and Ethiopia ($2.44 billion).

Morocco’s IBRD funding reflects its robust economic standing as a middle-income nation, distinguishing it from countries reliant on IDA’s concessional financing. By combining IBRD and IDA commitments, Morocco ranked 11th among the World Bank’s top borrowing nations in 2025.

Strategic positioning on the global stage

This financial milestone demonstrates Morocco’s ability to leverage international partnerships to support its development objectives. It further highlights the country’s role as a key player in the MENA region, contributing to regional economic growth while strengthening its global economic footprint.