The health crisis related to covid-19 has had a negative impact on the activity of artisan hairdressers. Since the entry into force of the state of health emergency and confinement, hairdressers have been going through an unprecedented crisis.
To effectively manage the post-covid-19 period, the Party of Justice and Development (PJD), currently in power, proposes a plan to revive the national economy.
Faced with the covid-19 crisis, which has affected their jobs and their financial and health situations, many French expatriates are considering leaving Morocco to return to France.
What will be left of African airlines, including Royal Air Maroc, at the end of the health crisis shaking the world? For now, they are on the verge of bankruptcy, and without viable prospects.
More than 86 Moroccan retailers, gathered in a collective called the "Grouping of Moroccan Retailers", have just made an official request to suspend their rents.
Morocco could experience a recession in its economy, with a drop in its gross domestic product of 2 or even 3%. These are the gloomy forecasts announced by the Moroccan Center for Economic Conjuncture.
The measures taken in many countries to stop the spread of the new coronavirus (covid-19) have had many consequences on different sectors, on the labor market and of course, on household life. If poverty and social inequalities will become more insistent over time, it is because the pandemic has managed to slow down the frequency of money transfers from the diaspora to African countries.
All indicators are in the red at the level of Moroccan households. Their morale is at its lowest due to the raging pandemic, which is making their lives harder than usual.
To continue to exist during this coronavirus crisis, Moroccan companies must innovate. They must adapt to the current situation, as demand is collapsing and supply is disrupted.
Bank Al-Maghrib issued on April 15, 2020, the circular setting the terms of refinancing of loans. This concerns loans granted by banks as part of the support program for the financing of SMEs.
They are 131,955 Moroccan companies, out of a total of 216,000, that are closing their doors due to the adverse effects of the coronavirus pandemic. The information comes from a press release from the Ministry of Employment and Vocational Integration .
In an interview with Efe, Ahmed Lahlimi, head of the official statistical agency of the High Commission for Planning (HCP), said that the prospects are not good for the kingdom’s economy. 2020 will be the worst economic year of the century for Morocco due to covid-19 and the severe drought, he said, before addressing the dimension of the crisis, the state’s response and the outlook.