Morocco's Tourism Revenues Plummet 53.8 Pct In 2020 Due To COVID-19 Pandemic
Sumaira FH Published February 23, 2021 | 06:20 PM
RABAT, Feb. 23 (UrduPoint / Pakistan Point News - 23rd Feb, 2021 ) :Morocco's revenues from tourism dropped by 53.8 percent in 2020 due to the impacts of the COVID-19 pandemic, the Ministry of Finance said Tuesday in a report.
The country's tourism revenues decreased by 4.9 billion U.S.
Dollars, while the number of tourists fell by 72.3 percent with a loss of more than 8 million visitors.
Morocco's economy relies heavily on tourism, which took up 7 percent of the North African country's gross domestic product in 2019.
It is also of the country's main sources of foreign Currency and creates nearly 550,000 direct jobs annually.
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