Morocco’s economy is expected to contract by 13.8% in the second quarter under the impact of the coronavirus lockdown, the planning agency said on Sunday.
It said the economy was expected to contract by 4.6% in the third quarter as restrictive measures are loosened.
The economy grew 0.1% in the first quarter, it said. (Reporting by Ahmed Eljechtimi, Editing by Timothy Heritage)
Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.
It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.
Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.
General Secretariat
Tel +21323304221 – +21323304239
Fax +21323304254
Mail: [email protected]
Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: [email protected]
