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EU immediate support to the Special Fund for the Managment of Covid-19 Pandemic : Mr. Nasser Bourita : Morocco welcomes the trust of the EU, appreciates this gesture of solidarity
"Morocco welcomes the trust of the European Union and appreciates this gesture of solidarity," said the Minister.
In this joint statement, “the Commissioner (HE Mr. Oliver Varhelyi) announced that the European Union will support the Moroccan budget by immediately reallocating 150 million euros, specifically earmarked to the needs of the Special Fund for the Management of the Covid-19 Pandemic created on the initiative of His Majesty the King, Mohammed VI ”, adding that” in addition, the Commission will use all possible flexibility to redirect 300 million euros from the funds allocated to Morocco, towards the response to the pandemic by accelerating their mobilization to meet the country's exceptional budgetary needs ”.
The European Union is ready to support Morocco in its health, economic and social efforts, through several actions, underlines the statement, in which “the Commissioner for enlargement and the European neighborhood policy welcomed the strong and necessary measures, adopted promptly by the Kingdom of Morocco to deal with the spread of the virus and its effects ”.
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