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We know everything about bankruptcy
24/11/2024
Sunday
THIS DAY IN HISTORY:
24 November 
1970 The United States and the USSR ratified the nuclear non-proliferation treaty.
1970 The Central Committee of CPSU restored the national autonomy of the Kalmyks, Karachais, Balkars, Chechens and Ingush.
1970 Charles Darwin published The Origin of Species - the first edition was sold out in a day.
24 November
1970 The United States and the USSR ratified the nuclear non-proliferation treaty.
1970 The Central Committee of CPSU restored the national autonomy of the Kalmyks, Karachais, Balkars, Chechens and Ingush.
1970 Charles Darwin published The Origin of Species - the first edition was sold out in a day.
Morocco is on the verge of bankruptcy due to the spread of new Covid-19 strain
The oldest Islamic state in northwest Africa is on the verge of bankruptcy. The authorities have extended the ban on international passenger flights until the end of January, continuing to combat the rapid spread of the Omicron strain of COVID-19. At the same time, the closure of the borders deals a serious blow to one of the vital spheres of the Moroccan economy - tourism.
Last Friday, the National Airport Authority (ONDA) announced that all passenger flights to and from the country would be suspended until January 31, 2021. Local carrier Royal Air Maroc said flights scheduled for the period from 24 to 31 December would continue to be operated.
The Djemaa el-Fna square in the center of Marrakech, usually overcrowded with tourists, has recently become empty. The kingdom's government has introduced coronavirus prevention measures since late November. They were supposed to last until the end of the year. At the same time, citizens of Morocco who are abroad can still return to their homeland. What is more, passenger flights are still allowed to send foreign citizens from Morocco to their homeland. Each of the flights has received a special permission from the authorities.
According to experts, the tourism sector of Morocco is already practically ‘on its knees’ due to two missing seasons. The industry has already suffered over ˆ 88 million in losses in just one Christmas week, starting from December 25, experts say.
According to the Ministry of Economy, in the summer of 2021, Morocco was visited by about 2 million tourists, which was an encouraging figure compared to 165 thousand in the summer of 2020. However, the rapid spread of the new Covid-19 strain in Europe (the WHO calls it more infectious and vaccine-resistant) has shattered the entrepreneurs' hopes for reviving trade.
As the state got involved in the fight against another wave of infection, Moroccan hotel owners lost their last vestiges of optimism. As the Secretary General of the National Federation of Moroccan Travel Agencies Khalid Mubarak noted, ‘the decisions of the state took us by surprise’.
Last Friday, the National Airport Authority (ONDA) announced that all passenger flights to and from the country would be suspended until January 31, 2021. Local carrier Royal Air Maroc said flights scheduled for the period from 24 to 31 December would continue to be operated.
The Djemaa el-Fna square in the center of Marrakech, usually overcrowded with tourists, has recently become empty. The kingdom's government has introduced coronavirus prevention measures since late November. They were supposed to last until the end of the year. At the same time, citizens of Morocco who are abroad can still return to their homeland. What is more, passenger flights are still allowed to send foreign citizens from Morocco to their homeland. Each of the flights has received a special permission from the authorities.
It is known that the government has banned the traditional celebration of the New Year and introduced a night curfew in the country.
All festivals and cultural events have been banned since the beginning of December 2021.According to experts, the tourism sector of Morocco is already practically ‘on its knees’ due to two missing seasons. The industry has already suffered over ˆ 88 million in losses in just one Christmas week, starting from December 25, experts say.
According to the Ministry of Economy, in the summer of 2021, Morocco was visited by about 2 million tourists, which was an encouraging figure compared to 165 thousand in the summer of 2020. However, the rapid spread of the new Covid-19 strain in Europe (the WHO calls it more infectious and vaccine-resistant) has shattered the entrepreneurs' hopes for reviving trade.
As the state got involved in the fight against another wave of infection, Moroccan hotel owners lost their last vestiges of optimism. As the Secretary General of the National Federation of Moroccan Travel Agencies Khalid Mubarak noted, ‘the decisions of the state took us by surprise’.
29.12.2021
