Government to cut non-essential spending due to Covid-19 - News Summed Up

Government to cut non-essential spending due to Covid-19


The Moroccan government has asked all ministerial departments to prepare a list of spending cuts that will target non-essential activities in first austerity measures to deal with the economic impact of the novel coronavirus. Investment spending receiving international funding would also continue as well as projects led by national companies using exclusively Moroccan-made material. The customs administration has already asked car importers to slow their pace of acquisitions. The government stressed the need to cut all unnecessary spending during this pandemic period including cash spent on transport and travel allowances, management of car park and rental of offices or conferences. Heath and security are excluded from the austerity measures.


Source: The North Africa Journal April 16, 2020 10:41 UTC



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