The total amount collected by the Special Fund for the new coronavirus pandemic management reached 18.3 billion dirhams (MMDH) at the end of March, according to the General Treasury of the Kingdom (TGR).
The situation of the trust account entitled Special fund for the coronavirus pandemic management shows revenues of 18.3 billion MAD and expenditure of 1.235 million dirhams, with a balance of 17.1 bln dirhams, said the TGR in its monthly bulletin of public finance statistics for the month of March.
The revenues of this fund come notably from Maroc Telecom (fine) with an amount of 3.3 bln MAD, the OCP group (3.03 bln MAD), the general budget (2.5 bln MAD), the Hassan II Fund for economic and social development (1 bln MAD), Afriquia Gaz (1 bln MAD), the National Agency for Land Conservation and Cartography (1 bln MAD), BCP (1 bln MAD), the National Social Security Fund (500 Mln MAD), the Mutuelle centrale marocaine d’assurances Vie (500 Mln MAD), the Office of Vocational Training and Labor Promotion (500 Mln MAD) and BMCE Bank (500 Mln MAD), said the same source.
This special account was created following the High Instructions of HM King Mohammed VI to cover the costs of upgrading medical services, support the national economy to cope with the shocks induced by this pandemic, preserve jobs and mitigate the social impact of the pandemic.
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