August 9, 2020 – 4:30 PM – Economy
The global health crisis has serious consequences for tourism in ten African countries, including Morocco, Egypt and Tunisia. This is evident from a new report from the International Monetary Fund.
In the report called “Imbalances in the World Economy and the Covid-19 Crisis,” the IMF argues that the corona crisis is affecting balance of payments, hotel reservations and international flights. As a result, more than 80 percent of international air traffic has been canceled. The same goes for hotels that have remained closed for the past four months.
Morocco is the most affected country in Africa, according to the Monterair Fund, particularly as GDP recorded a 3.8% loss in the tourism sector.
At the international level, Morocco is behind Thailand, Greece and Portugal, which have lost 6.1%, 6% and 4.3% of their tourism GDP respectively.
According to data from the Moroccan exchange office, the tourism sector in Morocco brought in 78.8 billion dirhams last year.