The World Bank on Tuesday said it has approved a $500 million loan to help Morocco improve access to online finance and government services for businesses, particularly startups led by young people. The Moroccan central bank expects government debt to surge to 75.3% of gross domestic product in 2020 from 65% last year. It forecasts the economy will contract by 5.2% this year compared with 2.5% last year. Learn more about your ad choices. Visit megaphone.fm/adchoices