The loan agreement was signed in Rabat, capital of Morocco, by Fouzi Lekjaa, Moroccan Minister Delegate in charge of the state's budget, and Jorg Dux, the head of KfW's Water and Sanitation department, the MAP report said.
The loan will help implement sanitation projects in 35 rural communes in the provinces of Al Haouz, Chichaoua, Essaouira, Taroudant and Chefchaouen, it added.
In late November, the KfW agreed to deliver 165 million euros, with 150 million euros in loan and 15 million euros in grant, to finance the financial system reforms in Morocco.
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