Crisis-hit Moroccans join ‘informal economy’ as job market shrinks

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Tue, 2020-07-14 11:58

RABAT: The coronavirus crisis is expected to expand Morocco’s informal economy of people who work for cash, reducing tax revenue and leaving many without social protection, the head of the state planning agency and economists said.
More than a third of Moroccan workers are already in the informal economy, doing manual or domestic labor, driving taxis or selling in the streets, accounting for 14% of gross domestic product, according to the agency.

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