Morocco is Set to Provide 2 Billion Dirhams Aid to Tourism

Published on : Wednesday, January 19, 2022

The tourism ministry on Tuesday said that Morocco will provide 2 billion dirhams ($220 million) to help tourism businesses as well as workers to manage the damage caused by COVID-19 restrictions. Since last November, Morocco has kept its borders closed and reinforced its vaccine pass requirements to combat omicron coronavirus variant.


This help package includes 1 billion dirhams and would help hotels to revamp and stay afloat after encountering 22-month-long crisis, and a 2,000-dirham monthly payment in the first quarter of 2022 to affected workers, the ministry said in a statement. Other steps comprise loan payment deferrals and a local tax waiver for 2020 and 2021.


In 2019, tourism generated $8 billion or 7 percent of Morocco’s economy when it received 13 million tourists. However, the central bank expects it to have made only $3.6 billion last year.

Related Posts

Tags: ,

Comments are closed.

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 03 ITB Asia 2022
  • 06 AviationFestival 2022
  • 14 Hotel & Hospitality Show 2022
  • 14 Leisure show 2022
  • 15 ameistanbul 2022

TRAVEL INDUSTRY EVENTS

    1. MCE North & West Europe

      May 22 - May 24
    2. CTW CHINA 2022

      May 24 - May 26
    3. THE HOTEL SHOW DUBAI 2022

      May 24 - May 26
    4. IMEX 2022

      May 31 - June 2
    5. KARIBU FAIR 2022

      June 3 - June 5