Rabat, Morocco (TMT)- The Moroccan government has acknowledged a delay in completing the “Forsa” program, designed to support young entrepreneurs and their ideas, due to “financial setbacks.”
The government said it is mobilizing to provide the necessary financial credits to microcredit institutions, who will then transfer them to project beneficiaries in the coming days.
The second version of the “Forsa” program aims to support and finance 10,000 new project holders in 2023, with a budget of 1.25 billion dirhams. The program will adopt the same mechanisms as the first version and rely on its basic success factors.
The Moroccan Times.