M6-Locodjro

Morocco maintains aid for worst-hit sectors by pandemic until June

A Moroccan economic monitoring committee (CVE) decided to maintain aid to workers in sectors most hit by the pandemic until June. This financial aid benefits 102,000 workers in sectors handicapped by the Covid-19 outbreak, notably tourism, catering, events and other services whose normal activity halted due to the restrictive measures to contain the virus. These […]

Tunisia: 1st Sukuk to be issued in September, Finance Minister

“This time there will be no delay and we will issue a $140 million sukuk in September.” These were the words of the Finance Minister Hakim Ben Hammouda. Tunisia announced that it was going to issue a sukuk but the deadline has expired four months ago. The minister has promised that September will be the […]

EIB: Morocco received €617 Mln in 2020 to support health sector, SMEs & agribusiness

The European investment bank provided Morocco last year with €617 million to support the Kingdom’s response efforts to covid-19, the private sector, SMEs and agricultural sector companies. The European bank has doubled in 2020 its funding to Morocco compared to 2019, said the bank in a press release, noting that it took wide-ranging action under […]