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Morocco Tourism Transport Sector Seeks Loan Repayment Extension Amid COVID-19 Crisis
Morocco

Morocco Tourism Transport Sector Seeks Loan Repayment Extension Amid COVID-19 Crisis

Tourism stakeholders, ministry of tourism officials and the professional group of Moroccan banks organized a virtual meeting on the economic recovery of the sector. During this meeting, tourism transport professionals called for a new moratorium on the repayment of bank loan installments and leasing maturities until December 31, 2020 without payment of fees or penalties for tourism companies and their employees.