The report, entitled Covid-19 Response Report (CRR) presents Morocco's response to the coronavirus crisis in a synthetic format and highlights essential data as well as infographics relating to the socio-economic landscape, said a press release from the OBG.
The CRR report on Morocco offers an overview of the macroeconomic and political situation before the Covid-19 crisis, added the same source, noting that it then draws up a comparative assessment of the spread of the virus in Morocco with other countries and outlines the immediate response strategy adopted by the kingdom, particularly regarding the health crisis, with a reactivity often presented as an example on the question of masks and the use of innovative digital solutions, such as information sharing.
The document also presents an economic assessment of the epidemic and an estimate of the medium-term impact on key sectors such as tourism and industry for the second quarter of 2020. It also analyzes the budget measures announced by the government in response to the crisis and the aid and stimulus mechanisms provisionally put in place, such as the creation of a special fund worth 10 billion dirhams, the suspension of payment of social charges and the establishment of a moratorium on the repayment of bank loans for the benefit of companies.
Finally, it details the measures taken to initiate the recovery in the short and medium terms, as well as an analysis of the sectors on which the economic recovery should focus, without forgetting the key role of institutions such as AMDIE in the support for Moroccan investors and companies. It also presents concrete projects carried out by private operators or under elaboration.