Rabat, March 19 -- Morocco's Ministry of Economy and Finance signed off on a $700 million loan from the World Bank on March 14, launching extensive reforms for Morocco's digital economy.

The program is the World Bank's latest project in Morocco, part of their five-year "Country Partnership Framework," which the two launched in February. The framework laid out the World Bank's priorities for Morocco of job creation and human capital.

The release of the plans came at a "critical juncture" for Morocco economically, the World Bank said, pointing to the kingdom's deepening reforms and upward-if sluggish-economic growth.

Now, its newest loan has brought the digital economy to the center of development efforts in Morocco.

Social inclusion th...