Finance Headlines Maghreb Morocco

Covid-19: Morocco to start paying compensations to the unemployed

Moroccan pension fund CNSS will start distributing a monthly compensation to the people who lost their jobs due to the consequences of coronavirus. Since Morocco imposed a quarantine and banned all travel, many employees of the tourism sector, services and non-essential sectors lost their jobs or were unpaid. The economic monitoring committee said the people […]

Finance Headlines Maghreb Morocco

Morocco to offer financial help to the unemployed and suffering businesses due to Covid-19

A Moroccan committee adopted a series of measures, including stipends for the unemployed and loan and tax deferrals for enterprises in difficult financial conditions due to the coronavirus outbreak. Employees who lost their jobs will receive 2000 dirhams monthly and continue to benefit from family allowances and mandatory health coverage as well as a three-month […]