Morocco Launches Guarantee Program to Save Companies From Bankruptcy

Rabat – Morocco’s Ministry of Economy, Finance, and Administration Reform has launched a new guarantee program, “Damane Oxygene,” to protect businesses from bankruptcy amid the novel coronavirus crisis. Under the new program, the Central Guarantee...

Morocco Launches Guarantee Program to Save Companies From Bankruptcy

Rabat – Morocco’s Ministry of Economy, Finance, and Administration Reform has launched a new guarantee program, “Damane Oxygene,” to protect businesses from bankruptcy amid the novel coronavirus crisis. Under the new program, the Central Guarantee Fund (CCG) will collect financing resources for companies with a deteriorated cash flow due to the decline or suspension of their […]

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