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News: Headlines from the Moroccan Press: Wednesday, March 25, 2020

AUJOURD'HUI LE MAROC
Net monthly fixed allowance: Instructions for use:
To support companies affected by coronavirus-induced shocks, the Committee for Economic Monitoring has taken several important measures, the first of which is aimed at preserving employees' purchasing power. Thus, it is a question of granting a net monthly fixed allowance during the period from March 15 to June 30, 2020, i.e. MAD 1,000 for the month of March and MAD 2,000 for the months of April, May and June. This indemnity concerns employees declared to the CNSS for the month of February 2020, in temporary work stoppage and belonging to companies in difficulty...

Marie Alexandra Veilleux-Laborie: "Companies want to prepare for the crisis as quickly as possible:"
Counting Morocco among its countries of operations, the European Bank for Reconstruction and Development (EBRD) is now more committed to supporting the national private sector in this particular context. The financial institution is being mobilised on a large scale to provide the necessary support to its partners in the various countries where it operates. In this interview, the Director of the Morocco office shares with ALM the EBRD's vision in the face of this health crisis with heavy economic repercussions...


LE MATIN DU SAHARA
The Public Prosecutor's Office calls for the strict and rigorous application of the new legal provisions relating to the application of the state of health emergency:
The state of health emergency proclaimed since last Friday by the Ministry of the Interior now acquires legal force. Indeed, this state of health emergency is instituted by a government decision through a decree signed by the Head of Government, on the proposal of the Ministers of Interior and Health. The said decree is based on the provisions of the decree-law which was adopted the day before. Due to the urgency of the situation, the two texts (the decree and the decree-law) are published in the Official Bulletin of Tuesday, March 24...

Coronavirus: The AMMC reassures operators that the market is working well:
The Autorité Marocaine du Marché des Capitales (AMMC) affirms that it continues to monitor the proper functioning of the market and wishes to assure all operators that its activities are continuing normally and that a system has been put in place to support them during this health crisis. "The AMMC, committed to the efforts to combat the spread of Covid-19 and to preserve the national economy, has thus taken all the necessary measures to protect the health and safety of its employees while ensuring the continuity of its activities," says the market regulator...


LES INSPIRATIONS ÉCO
Employment. The State activates its support plan:
To give visibility to the economy and operators likely to suffer from the impact of Covid-19, the Government, the Caisse Nationale de Sécurité Sociale (CNSS) and the Confédération Générale des Entreprises du Maroc (CGEM) have taken matters into their own hands. They have just signed a tripartite agreement to support sectors vulnerable to the shocks induced by the coronavirus pandemic...

Foreign Exchange Office. Launch of the platform Smart:
As part of the pursuit of its digitalization strategy, the Foreign Exchange Office launched, on Monday, a new platform which manages the management system of authorizations, reporting and processing called "Smart" in order to introduce online requests for authorization and remote reporting of foreign exchange transactions...


LIBERATION
Morocco officially dares the step of chloroquine: More and more countries are adopting the conjecture supported by Professor Didier Raoult:
Moroccan hospitals will start using the drugs "chloroquine" and "hydroxychloroquine" to treat coronavirus-infected people in various parts of the Kingdom. Indeed, the Minister of Health, Khaled Aït Taleb, officially authorized Monday and after consultation with the technical and scientific committee of the National Program for the Prevention and Control of Influenza and Severe Acute Respiratory Infections in the Kingdom, the use by all hospitals in Morocco of "chloroquine" and "hydroxychloroquine" to treat people infected with the coronavirus, as shown in the circular that the minister had sent on March 23 to the directors of university hospitals and regional health directors, a copy of which is available to Libération...

Publication in the Official Gazette of the Decree-Law on the State of Health Emergency: The draft adopted unanimously in parliamentary committees:
Decree-Law No. 2.20.292 on the provisions relating to the state of health emergency and the procedures for its declaration was published yesterday in the Official Gazette (No. 6867 bis). This law decrees a "state of health emergency" throughout the national territory, until April 20, 2020 at 18:00, in order to stop the spread of the coronavirus pandemic...