2024-07-01 08:01:33
Impression of the earthquake on progress: it’s nonetheless too early to say
Rabat – The Wali of Financial institution Al-Maghrib (BAM), Abdellatif Jouahri, estimated, Tuesday in Rabat, that it’s nonetheless early to determine on the true influence of the Al Haouz earthquake on the nationwide financial system.
“It’s nonetheless early to say. An in-depth evaluation is being carried out to measure the influence of the earthquake on completely different sectors of exercise,” he stated throughout a press briefing held on the finish of the third quarterly assembly of the BAM Board for the 12 months 2023.
In line with him, the influence on progress, the price range and the stability of funds can’t be assessed now, stressing the significance of taking the mandatory step again to have the ability to determine essentially the most applicable financing part.
On this event, Mr. Jouahri reiterated the Central Financial institution’s dedication to assist the federal government’s effort and to make its contribution to assist the sectors of the financial system which is able to undergo from the results of the earthquake.
On the similar time, the Wali of BAM spoke of the post-earthquake state of affairs, indicating that the experiences of different international locations which have been hit by pure disasters confirmed a resumption of their financial exercise, by means of the launch of sure sectors equivalent to Constructing and public works (BTP) and tourism.
2024-07-01 08:01:33