Morocco’s Economy Minister: we will support 4 million informal sector households

Morocco’s Economy Minister: we will support 4 million informal sector households

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Mohamed Benchaabou
Morocco’s Minister of Economy Mohamed Benchaaboun.

Rabat, Morocco (TMT)- Morocco’s Minister of Economy Mohamed Benchaaboun said today in a press statement that 4 million Moroccan households, those operating in the informal sector, will benefit from a state-sponsored program to help them get by during these difficult times.

All those families will benefit from a monthly stipend, with all the money funneled thanks to donations from the “The National Fund for the fight against the coronavirus”, including a contribution from the state.

The total amount is set to hover around 25 billion dirhams (2.4 billion euros), according to the Moroccan Minister of Economy.

The Moroccan Times.