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Morocco’s vaccine procurement cost rises to 7 billion dirhams
The cost of Morocco’s vaccine procurement rose to 7 billion dirhams ($77 million), finance ministry documents showed. The amount was funded by the special solidarity fund to which the treasury, companies and citizens amassed contributions that stood at 34 billion dirhams since 2020. Morocco has offered booster jabs for people who took the vaccine six […]
Coronavirus: African airlines lost $400m since outbreak
African Airlines have lost $400m since the outbreak of the coronavirus in China in February, according to the global airline industry body. In recent months, airlines like South African Airways, Royal Air Maroc, Air Tanzania, Air Mauritius, EgyptAir, RwandAir and Kenya Airways have suspended flights to and from China. The continent’s largest airline, […]
Covid-19: EBRD expects Morocco’s economy to rebound by 4% in 2021 after 2% contraction in 2020
Morocco’s GDP will rebound by 4 pc in 2021 after a 2 pc decrease in 2020 due to the impact of the coronavirus pandemic, says the European Bank for Reconstruction and Development (EBRD). In its Regional Economic Prospects report published Wednesday, EBRD explains that the slowdown will be driven by a sharp decline in tourism, […]



