Morocco’s Compensation Fund Assisted 77,826 Workers Who Lost Job ...Morocco

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Morocco’s Compensation Fund Assisted 77,826 Workers Who Lost Job
Rabat – Morocco’s Compensation Fund assisted 77,826 workers who lost their job since its creation in 2014, Minister of Labor Mohamed Amkraz said on Tuesday.At the House of Councilors, the minister said the compensation fund used a budget of MAD 962 million ($107 million) to assist workers who lost their employment.He said that the number of beneficiaries in 2020 reached 13,871, with a compensation budget of nearly MAD 84 million ($9.34 million) during the first nine months of the year.Amkraz said the beneficiaries include employees who were unfairly dismissed from their job or who lost their job due to circumstances beyond their control.To benefit from the fund, workers must have accumulat

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