الأربعاء, سبتمبر 23, 2026
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News Policy & Trade
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Morocco works to shield textile industries from financial crisis fallout

The Moroccan government announced its intention to help the industries hit by the global economic crisis. During a cabinet meeting held in Rabat on Thursday (January 29th), Economy and Finance Minister Salah Eddine Mezouar said that the crisis has been worse than expected and that the government will devise a…

The government plans to take action in order to prevent mass redundancies.

Minister of Employment and Professional Training Jamal Rhmani said that industry figures and trade unions have expressed fear and asked the government for help. He added that several ministries have entered into dialogue with the relevant parties to better develop an emergency plan.

Rhmani explained that the government would ensure financial and professional assistance, a reduction of social security contributions, and a guaranteed minimum income for workers until growth picks up.

Communication Minister and government spokesman Khalid Naciri stated to the press that the measures are aimed at protecting workers by providing financing through a guarantee fund. "We also plan to prospect new international markets", he added.

Abdelali Benamor, president of the Competition Council, noted that aid given to businesses must not be seen as a revenue stream alone and that the government must set out clear goals for its use, particularly with regard to jobs.

Trade unionists are eager for the state to intervene. Hamid Chabat, a member of the Moroccan General Workers’ Union (UGTM), said that priority must be given to the sectors affected by the crisis to prevent lay-offs.

"I think trade unions should not demand wage increases at the moment because some sectors employing thousands of people are in crisis," he commented.

Moroccan Textile and Clothing Industry Association President Mohamed Tamer noted that implementing public-private partnerships and ensuring cooperation between the public and private sectors is a must.

From the Egytex news archive, first published on 12 February 2009. Figures and names are as reported at the time.

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