Speculation on the price of protective masks against coronavirus is over. An official note has just set the retail price of this essential product in the fight against coronavirus.
To cope with the economic consequences of COVID-19, the Moroccan state will cut spending and borrow in foreign currency.
[Mohamed Benchaâboun] affirms that the Moroccan economy is able to withstand the consequences of the coronavirus. This, thanks to the various support the kingdom receives from bilateral and multilateral donors.
The data presented by the services of all the ministerial departments concerned with supply, prices and control indicate a stability of prices for most of the most consumed products in all regions of Morocco. This is what the inter-ministerial commission in charge of monitoring supply, prices and price and quality control has noted.
Through an SMS to 1919, Moroccans can contribute to the Special Fund dedicated to the management of the Coronavirus pandemic in Morocco.
At the headquarters of the Ministry of Economy and Finance , a meeting was held on Wednesday, March 18 at 2 p.m., in the presence of the Director of the Treasury and Finance, Fouzi Lekjaa, the Director of the Budget, Zazou Khalad, and members of the General Confederation of Moroccan Enterprises .
The government has decided to regulate the prices of health masks and hydroalcoholic gels. A measure intended to put an end to speculation.
The establishment of an economic monitoring committee was announced on Wednesday, as part of the government’s efforts to anticipate the direct and indirect economic repercussions of the Covid-19 health crisis on the national economy.
Bank Al-Maghrib and the Ministry of Finance are working on the triggering of the next stage of the reform related to the flexibility of the dirham. But prerequisites must be defined upstream.
The state wants to crack down on late payments, through the introduction of fines.
The average annual expenditure of Moroccan families on food products is around 5,800 dirhams. This is indicated by data from the Ministry of Economy and Finance.
As part of the integrated program to support and finance businesses, a reduced interest rate will be applied by the banking sector, according to the joint press release from the Ministry of Economy and Finance and Bank Al-Maghrib.