COVID-19: Situation in Morocco

COVID-19: Situation in Morocco

Update on the situation in Morocco and the economic and social measures put in place

April 20th, 2020

Covid-19: Morocco’s state of emergency runs until May 20th

• According to a new report from the Ministry of Health: 135 new cases were detected between 6:00 p.m. on Sunday and Monday, April 20 at 10 a.m., bringing the total number of cases to 2,990. In 24 hours, among the tests carried out, 478 people were negative, reaching a total of 12,746. There have been 2 new deaths, making a total of 143, and 13 more recoveries, making the total 340.

Unemployment, inflation, growth … IMF forecast for Morocco

• Containment measures applied worldwide will cause “the worst economic consequences since the Great Depression”, the IMF warned. Morocco will not escape.
• Import control of industrial products: extended transition period

In business terms

• The Renault Morocco Group resumes its industrial activity “partially” and “gradually”
• Public Works and Construction: decrease of 60 and 75% of turnover, the profession on alert.

Winners and losers from the coronavirus crisis in Morocco

• While it is true that tourism, transportation and real estate are clearly the main sectors affected by the Covid-19 health crisis, others have been spared and should even break through after the crisis.

Points covered in this introduction are further elaborated in the report.

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