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Loss of 280,000 jobs.. The government is citing the repercussions of the drought and the Russian-Ukrainian conflict

The News GlorybyThe News Glory
15/07/2023
Loss of 280,000 jobs.. The government is citing the repercussions of the drought and the Russian-Ukrainian conflict

Those interested in economic and political affairs are still calling on the government to search for various ways to protect the labor rights of workers and preserve their work positions, after it was recorded that the Moroccan national economy lost 280,000 jobs between the first quarter of 2022 and the same period of 2022. 2023.

In their recent reports, those interested in economic affairs emphasized that the current government faces two bets, the most important of which is dealing with the effects of losing a group of young people from their job positions in major cities, as well as the issue of motivating young people to create their own enterprises more, by allocating support for them without complicated conditions.

In this regard, Minister Delegate in charge of the budget, Fawzi Lakjaa, said today, Friday, during a joint meeting between the two Finance Committees in Parliament to present the general framework for the draft Finance Law 2024, that the number of lost positions came due to several factors, the most important of which is the repercussions of the drought for the second year in a row.

Lakjaa added that the absolute failure to recover from the residual effects of the Corona crisis, as well as the consequences of the Russian-Ukrainian conflict, are among the factors that also led to the loss of 280,000 jobs between the first quarter of 2022 and the same period of 2023.

The Minister Delegate in charge of the budget highlighted that the missing positions are distributed between 1,000 positions in the agricultural and fishing sector, 56,000 in the services sector, and 1,000 positions in the industrial sector.

The same spokesman also confirmed that 229,000 positions were lost in rural areas, and 51,000 positions in urban areas, within the various important sectors in the Kingdom.

The same speaker explained that despite the difficult context and international fluctuations, the national economy maintains its steadfastness thanks to the policies adopted, adding that the international financial community’s confidence in the Kingdom has become great, after leaving the gray area.

The minister in charge of the budget expected that the growth of the national economy during the year 2024 would register a recovery at a rate of about 3.7 percent, highlighting that the current government does not evade responsibility and is determined to fulfill all its promises.

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