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Tuesday, 27 October 2020

Morocco to create $1 bln fund to counter coronavirus outbreak

Reuters , Sunday 15 Mar 2020
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Morocco announced the creation of a 10 billion dirham ($1 billion) fund to upgrade health infrastructure and help vulnerable economic sectors in the wake of the coronavirus outbreak, the royal cabinet said.

The fund will help acquire the necessary health equipment and assist sectors such as tourism as well as help maintain jobs and mitigate the social repercussions of the pandemic, the Royal cabinet said in a statement.

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