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Quarterly Global Market Report Q4 2020

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61 November, 2020 Morocco Global: 52 Availability: 68 Cost: 3 Regulation: 60 Productivity: 34 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 32 Availability: 40 Cost: 2 Regulation: 36 Productivity: 13 Remote Readiness 8 Remote Readiness 60 Morocco has spent $3.2 billion USD on additional spending and foregone revenue in response to the pandemic. Almost a third of this amount, was spent on the healthcare sector. The economic response includes: • Wage subsidies for businesses with employees on downtime • Support for households from the informal sector • Deferment of social contributions https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Borders are restricted and travellers entering Morocco must provide a negative Covid-19 test result. Masks are mandatory in all public places. Schools are open although if any student tests positive for the virus, the entire school closes for 14 days. 2.8% 4.7% 0% 20% Morocco Regional Ave. % of GDP Morocco Q4 2019* Q4 2020* % Change YOY Total Workforce 11.96M 12.20M +2.1% Unemployment Rate (%) 9.4% 12.7% +35% Unemployed Workers 1.12M 1.55M +38% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/

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