The prices of basic necessities such as butane gas, flour, sugar and oil will increase. At least this is what the head of government Saâdeddine El Othmani announced last weekend during a meeting that his party PJD organized in Kenitra.
The Government is allocating an envelope of nearly 26 billion dirhams to support the purchasing power of its citizens, particularly the middle class, according to the Minister of Economy, Finance and Public Administration Reform, Mohamed Benchaâboun.
The 2020 Finance Bill provides for the creation of 23,112 budgetary positions, for next year. Positions distributed among the ministerial departments and institutions, according to a presentation note of this draft law, written by the Ministry of Economy, Finance and Public Administration Reform.
The 2020 budget of the National Defense of Morocco sees an increase of nearly 30% compared to 2019 (45.4 billion dirhams against 35.1 billion), in order to cope with the increase in personnel costs and the acquisition of new equipment.
People with disabilities can finally breathe a sigh of relief. The 2020 Finance Bill (PLF), in its social orientations, provides for measures to allow people with disabilities to receive monthly allowances.
The budget deficit recorded a sharp increase at the end of September 2019, reaching 32.3 billion DH against 26.3 billion in 2018, according to data from the Treasury General of the Kingdom (TGR).
The wage bill will increase next year due to retirement and social security contributions. These will be incorporated into personnel expenses.
The United States Department of Defense announced the signing of a new contract with Morocco for the acquisition of 8,000 high-tech explosive devices, with very high power and directed by a GPS system.
Modest families are struggling to bear the burden of expenses related to certain occasions, even less so when they occur at the same time.
According to the General Treasury of the Kingdom (TGR), the situation of the Treasury’s charges and resources shows a budget deficit of 14.1 billion dirhams (MMDH). This is down compared to last year’s data, which showed 15 MMDH for the same period.