Business Headlines Maghreb Morocco

COVID-19: Over half Moroccan enterprises have ceased operations – HCP study

Morocco’s high commission for planning issued bleak figures on the impact of coronavirus, which pushed 142,000 companies to halt activity, forcing 700,000 to temporary or lasting unemployment. In total, 57% of Moroccan enterprises, mostly small and medium sized have ceased operations. These comprise 135,000 enterprises that closed temporarily and 6,300 that declared bankruptcy, the HCP’s […]