Rabat, Morocco (TMT)- The deadly killer COVID-19 is wreaking havoc in the Moroccan economy with more than 132,000 companies suffering the repercussions of the current dire juncture, which has brought various sectors of the Moroccan economy to a standstill.
According to official figures shared by the Moroccan government, a monthly budget allocation of DH 2 billion will be channeled to those companies in a bet to mitigate the damage.
According to a tally combined by the Moroccan government, 800,000 people have been compelled to stop working because of the current crisis.
The aforementioned figures only shed light on Morocco’s formal sector.
The Moroccan Times.