Covid-19 Management Fund: Colbert Finance Holding Contributes with 3 Mln DH

Casablanca - Colbert Finance Holding, the main shareholder in the paint company Colorado, has announced a contribution of 3 million dirhams to the Special Fund for the management of the coronavirus pandemic, set up upon the high instructions of HM King Mohammed VI.

The contribution is part of national solidarity efforts to mitigate the economic and social repercussions of the pandemic, the group said in a release.

The Colbert Finance Holding also called on craftspeople to observe precautionary measures and health emergency rules in order to stop the spread of the virus, the source added.

Several public and private companies, national institutions and professions have announced their contributions into the Fund, which is intended to cover the costs of upgrading medical equipment, in terms of suitable infrastructure and additional means to be acquired, urgently, to treat in good conditions people infected with the virus.

It is also dedicated to supporting the national economy through several measures that will be proposed by the government.