Standing Strong In Times Of COVID-19
All of us have been deeply affected by the Covid-19 in the short period of the last couple of months. The world seems to have slowed down these past few months. Almost as if we are travelling back in time. With work places shut, overcrowded hospitals, schools-universities, everything on hold, needless to say we are dealing with a tricky situation. Regardless, let’s not stop believing in the ray of light that is soon to follow. We assure you, the good old days will be back soon. We’re dealing with a global pandemic. In Morocco, with a population of about 37 million, there are about 1700 positive cases reported at present. This says a lot about the effective measures being undertaken by the Government. Face masks have been made mandatory in public places. Vigilant monitoring and contact searching is being practiced. As per the IMF Press Release(no 20/138) Morocco has drawn funds (worth US$ 3 billion) available under the Precautionary and Liquidity Line (PLL) arrangement to address these issues mainly focussing on the social and economic impact of COVID-19 and to maintain strong external buffers in case of emergencies. The IMF remains closely engaged with the authorities to help them mitigate the impact of COVID-19 on Morocco’s economy. As per WHO, Morocco has the technical competence to detect and prevent the spread of Virus.