
Arab Monetary Fund Grants Morocco $211 Million Loan for COVID-19 Recovery
Morocco has just received a new aid, more precisely a loan, to help it cope with the consequences of the coronavirus.

Morocco has just received a new aid, more precisely a loan, to help it cope with the consequences of the coronavirus.

The Minister of Economy, Mohamed Benchaâboun , announced the possibility now offered to civil servants to work remotely.

The European Union is strengthening the fight against coronavirus led by Morocco through a financial support of more than 1.7 billion dirhams. This was announced in a joint press release from the Ministry of Economy, Finance and Public Administration Reform, and the EU Delegation in Rabat.

After a relatively long period of confinement due to the coronavirus pandemic, the Moroccan public administration will gradually but surely resume. To this end, the Ministry of Economy, Finance and Public Sector Reform has issued a circular setting out the new mandatory rules for the resumption of work.

More and more fraudsters are being counted among the beneficiaries of the direct aid granted to Moroccans affected by the covid-19 pandemic. From now on, all requests will go through a rigorous filter. The level of control and monitoring is being strengthened by the decision-makers so that the aid goes to the people who really need it.

Bank Al Maghrib could be required to issue new types of currency. The latest Council of Government has approved a decree to this effect.

The Minister of Economy and Finance, Mohamed Benchaâboun , called on Tuesday, May 19, for companies to resume their activities after Eid El Fitr. He was facing members of the House of Advisors who questioned him about the economic and financial measures planned by the government to mitigate the impact of the covid-19 health crisis.

The Economic Monitoring Committee (CVE) is preparing a plan for the recovery of the Moroccan economy. A videoconference meeting was held for this purpose.

To allow civil servants to have a good month of Ramadan, the government has rearranged the working hours. The Ministry of Economy, Finance, and Public Administration Reform , in a press release, announced the new working hours.

Individuals who so desire will be able to file their income tax returns from late April to June 30, 2020. This is the decision of the Economic Monitoring Committee (CVE), which met on Tuesday in Rabat.

The Minister of Finance reiterated the government’s commitment to review spending, despite the unforeseen events. This emerges from the intervention of the Minister of Economy, Finance and Public Administration Reform, Mohamed Benchaâboun, before the members of the permanent parliamentary committee in the House of Representatives responsible for finance and economic development.

To fight the coronavirus epidemic, Morocco is moving to the next level starting this Tuesday, April 7. From now on, all Moroccans authorized to move around will have to wear a mask.