The National Agency for Statistics and Demography (Ansd), in its survey: “Impact Covid-19 in industry-November 2020”, estimates that 44% of industrial companies declared having taken out loans from banking structures.
“On the whole, 35.0% of the companies surveyed affirmed having debts vis-à-vis the State. According to the type, apart from the industries of wood, mineral and environmental materials, all the others affirmed to have claims vis-à-vis the State.
In terms of loans, 44% of industrial companies declared having taken out loans from banking structures. Depending on the type, apart from the wood and leather industries, all other types of industries have resorted to bank loans. The average maturity of loans in the industry is estimated at 36 months ”underlines the survey.
Consequences : drop in orders, cash flow pressures
« The drop in orders (66.3%) and cash flow pressures (56.3%) are the main consequences of the pandemic on industrial activities mentioned by the majority of business leaders. All the same, the postponement of investments, the shortage of stocks and late deliveries, the difficulties of supplying raw materials, the loss of competitiveness and the increase in operating costs were identified by more than one in three companies. as consequences, ”says the survey.
According to the source, dismissal (1.3%), recruitment (2.5%), gain in competitiveness (2.5%), business closures (7.5%), lower costs (7.5%) were weakly cited. Layoff was mentioned by 15.0% of companies.
And the survey revealed: “According to business leaders, these consequences will last for 9 months on average. This duration varies according to the sub-branch of activities. Indeed, the leaders of the cotton, leather and electronics ginning industries have affirmed that the consequences of Covid-19 on their activities will last 12 months on average. On the other hand, the managers of the electricity and water production industries estimate that the activity will be affected by the crisis during the next 6 months ”.
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