Moroccan Small Businesses Hit Hard: Trade and Services Lead COVID-19 Economic Impact

These two sectors are followed by industry, construction, communication and events, agriculture, tourism and crafts with 13.5%, 12.7%, 10.5%, 5.7%, 5.2% and 4.3% respectively, reports H24info which indicates that the study was conducted among ten sectors of activity, and that 83% of these companies are in total cessation of activity.

As for the structures most impacted by this health crisis, the survey indicates that VSEs, as well as auto-entrepreneurs, are the most affected by the epidemic with a rate of 90%. SMEs and cooperatives, on the other hand, have a respective rate of 8% and 2%.

According to the conclusion of the study, small structures, which have a low working capital, will be unable to manage this crisis over a long period.