Morocco to create $1 bln fund to counter coronavirus spread

Moroccan nationals residing in countries such as France and Italy sit on a bench in the city of Algeciras on March 15, 2020, after being blocked from travel due to the lockdown measures. (AFP)

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.

On Saturday, Morocco confirmed that the total number of coronavirus cases in the country has risen to 18, including Transport, Logistics and Water Minister Abdelkader Amara who contracted the virus while on a European trip, the state news agency said.

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Last Update: Wednesday, 20 May 2020 KSA 09:54 - GMT 06:54