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Morocco: King Mohammed VI created USD 1 billion fund to face COVID-19

Description

On 15 March 2020, King Mohammed VI ordered the creation of Morocco's COVID-19 special fund worth MAD 10 billion (approx. USD 1 billion). The aim of the special fund is to more specifically: Coverage...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Mar 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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