The primary objective of this operation is to consolidate the foundations of a viable social protection program according to a regional approach to the development of social policies, which is more integrated and more inclusive, said a statement from the AfDB on Tuesday.
The program will thus contribute to extending social protection, in particular to early childhood, young people and the self-employed.
“Social protection is a major focus of our interventions on the continent. At the service of the well-being of the populations, this new program protects at the same time as it releases their potential and improves the quality of human capital”, affirmed Martha Phiri, Director of the Department of Human Capital, Youth and skills of the AfDB, quoted by the press release.
Its second priority will be to respond to a growing demand for health services through the reorganization of the supply of care and the enhancement of human capital. It also sets itself the objectives of catalysing new investments in health infrastructure, improving the business climate and accelerating economic recovery.
“We are paving the way towards universal coverage,” said the Bank’s country manager for Morocco, Achraf Hassan Tarsim.
“Supporting figures, this program will thus benefit eleven million self-employed workers, including 1.6 million farmers, including their dependents”, continued Mr. Tarsim, adding that “seven million children and young people will also be covered.