World Bank highlights Morocco's "effective response" over COVID-19 repercussions

In its latest “MENA Economic Update”, the World Bank (WB) said Morocco “provides an example of an effective cash transfer policy response.”

Public authorities had an “effective response” in Morocco in terms of aid to vulnerable families during the COVID-19 pandemic, according to the report.

“The Tadamon cash transfer program in Morocco greatly exceeded its initial target of informal worker households, covering almost 80% of its population with one of the highest scale-up rates from pre-COVID19 levels”, the report said.

Due to a decline in agricultural activities, the Moroccan economy is expected to decrease to 1.1% in 2022.

“Rising prices and decreasing agricultural revenues are expected to slow down the post-COVID-19 normalization of socio-economic conditions,” added the report.

This edition of the World Bank MENA Economic Update estimates that the Middle East and North Africa (MENA) region’s economies will grow by 5.2% in 2022, the fastest rate since 2016.

However, uncertainty reigns with the unpredictable course of the war in Ukraine and the scientific uncertainty about the evolutionary path of the virus that causes COVID-19.