Morocco: Covid-19/Special Fund - Mad 33.7 Bln Collected At the End of July (Tgr)

Casablanca — The global amount collected by the Special Fund for the management of the pandemic of the novel coronavirus (covid-19) reached 33.7 billion dirhams at the end of July 2020, according to the Kingdom's General Treasury (TGR).

"At the end of July 2020, the trust account entitled +Special fund for the management of the Covid-19 coronavirus pandemic+ recorded revenues of 33.7 billion dirhams and expenditure of MAD 24.7 billion," noted the TGR in its monthly public finance statistics bulletin for the month of July.

This Special Fund was created following the High Instructions of His Majesty King Mohammed VI to cover the costs of upgrading the medical system, support the national economy to cope with the shocks induced by this pandemic, preserve jobs and mitigate the social repercussions of the pandemic.

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