
Moroccan Food Industry Seeks Urgent Aid Amid COVID-19 Crisis
Food professionals in Morocco are taking the field. Battered by the effects of the health crisis related to the Covid-19 pandemic, they are calling for help while making proposals.

Food professionals in Morocco are taking the field. Battered by the effects of the health crisis related to the Covid-19 pandemic, they are calling for help while making proposals.

Young entrepreneurs in Tangier are in the spotlight. The U.S. Embassy in Morocco has just granted a $163,000 grant to the Center for Entrepreneurship and Executive Development (CEED Morocco), through the Middle East Partnership Initiative (MEPI).

Value Added Tax (VAT) represents "the main tax component" that informal sector players fear the most. This is the result of a study carried out by the High Commission for Planning (HCP).

The Moroccan government has just granted the Moroccan Grouping of Printing Trades the gift of national preference. This decision comes in response to the multiple demands of the players in this sector who have always denounced the awarding of the market for the printing of hundreds of millions of school textbooks and notebooks to foreign countries.

The health crisis related to the coronavirus could eliminate 700,000 jobs in Morocco . This is revealed by a study carried out by the American firm McKinsey Global Institute.

The shift to renewable energy sources in Morocco will create up to 482,000 jobs over the next 20 years. This is revealed by a study by the Euro-Mediterranean Forum of Economic Science Institutes (FEMISE).

Some 700 female mules will be relocated to textile factories thanks to the integrated program for economic and social development of the prefecture of M’diq-Fnideq, and the province of Tétouan, in collaboration with the National Agency for the Promotion of Employment and Skills (ANAPEC) .

In Morocco, more than half of employees are without a contract, or 43.2% among women, compared to 58.2% among men. This is according to the information note published by the High Commission for Planning (HCP) on the main characteristics of the employed active population in 2020.

The kingdom must count on Moroccans living abroad in the economic recovery plan. In this sense, they have been invited to participate in the thematic funds related to the Mohammed VI fund and to take advantage of the opportunities of the national loan provided for in the 2021 Finance Act.

Meeting on Wednesday, the Investment Commission studied and validated 34 draft conventions and addenda to investment convention agreements. This, for a total amount of 11.3 billion dirhams, which will promote the creation of 3,500 direct jobs and 5,819 indirect jobs.

By 2023, 5,000 project leaders will be supported thanks to a new support program. Moroccan startups will be able to benefit from support of up to 2 million dirhams per project.

The Ministry of Education is doing everything to ensure the launch of the bachelor system is effective in September. This is what Saaïd Amzazi , Minister of National Education, Vocational Training, Higher Education and Scientific Research and government spokesperson, indicated on Tuesday in Rabat.