The government council approved a decree setting up a strategic investment fund worth 45 billion dirhams to spur public-private investments. The fund is part of a stimulus package of 120 billion dirhams ($12.8 bln) to help the economy recover from the coronavirus impact. The same council extended a health emergency decree for an extra month until September 10 amid a rise in coronavirus cases. The decision was made by the government council to allow for the restoration of restrictive measures to contain the virus outbreak. Total coronavirus cases jumped on Friday to 30,662, including 461 deaths and 21,548 recoveries.

Source: The North Africa Journal August 08, 2020 15:56 UTC