how to revive morocco
economy post covid 19
Answers
Explanation:
Middle-income countries within and beyond the Middle East and North Africa (MENA) adopted strong security responses early on, which helped in mitigating the public health threat at the onset of the coronavirus outbreak. However, confronted with heightened economic hardship, these countries gradually relaxed precautionary measures and must now control the epidemiological situation, while attempting to rebuild their economies and provide social welfare to their citizens.
Answer:
middle-income countries within and beyond the Middle East and North Africa (MENA) adopted strong security responses early on, which helped in mitigating the public health threat at the onset of the coronavirus outbreak. However, confronted with heightened economic hardship, these countries gradually relaxed precautionary measures and must now control the epidemiological situation, while attempting to rebuild their economies and provide social welfare to their citizens. Morocco’s experience in addressing the economic fallout from the coronavirus pandemic illustrates many of the economic challenges that middle-income countries are facing, and the fiscal limitations they confront that wealthier countries do not have to bear.
Currently one of the MENA’s most impacted countries by the coronavirus pandemic in terms of contaminations and deaths, Morocco had initially successfully controlled the outbreak between March and May 2020 after declaring a national health emergency, closing its borders, and calling for mandatory confinement (see Figure 1). However, the state’s priorities shifted as the pandemic, and the associated lockdown strategy, resulted in economic loss. As a result, Moroccan decisionmakers relaxed precautionary measures in June 20 in favor of relaunching the economy and alleviating the financial burdens of citizens and businesses (see Figure 2).
How did the Moroccan regime address the massive economic impact of the global pandemic, what were the strengths and weakness of its strategy, and what challenges will it face when attempting to recover the economy following what will likely be a deep recession?