The Profile of the Companies Most Affected by the COVID-19 Crisis in Morocco

In this article, our target is to handle macroeconomic data of quarterly growth

in

the

branch

es

of

activity with microeconomic data from the World Bank Business Survey to deduce the profile of the businesses

affected by the outbreak of

the

COVID

-

19 crisis

in Morocco. Our findings show that the companies that suffered

the most are those which

recruit more

employ

ers

, and those, which generate less turnover

.

We have found in particular that

companies recruiting larger workforce are the most affected as they can cause

more unemployment to happen. In addition to this, we found out that companies with small sales rates are

more affected than those with big numbers.

Hotels and restaurants and a

ll shops were closed until further notice

and consequently

contracted by 5.6% in

the first quarter of 2020

to reach

88.9% in the second quarter of 2020

.

Also, Electrical industries recorded

a

massive fall in their

sales

estimated at

15 % and 55.5% during t

he first period and the second period while

"textile and leather" industry increased by 3.4% in the first period before falling 45.5% in the second quarter.

Not only this, but also s

ports, cultural and arts events have been

called off

. People have been ord

ered to

remain

indoor

, and restrictions on public and private transport and

movement

between cities are also

shut, all these

together have contributed to a sharp shrinking of the economic turnover of businesses. However, there were

immense developments amo

ngst companies active in the medical sector as huge demands on sanitary goods

and medications were recorded all over the globe.