The relaunch of relations between Morocco and Israel is a source of economic opportunities for the two countries. Trade between the kingdom and the Hebrew state, which stood at 30 million euros before the normalization of relations, should now increase with the upcoming opening of a Chamber of Commerce.
As part of the strengthening of the road network in the Fez region, six partnership agreements with an investment of more than 2.4 billion Dh were signed on Friday. The ceremony was chaired by the Minister of Equipment, Transport, Logistics and Water, Abdelkader Amara.
The Moroccan government is coming back to the fore, for the effective implementation of national preference, after a first call that went unheeded. This is the best way to cope with this unprecedented economic crisis, as operators in the Kingdom have never ceased to hammer home.
Developing a new roadmap for the Moroccan tourism sector is the major concern of industry professionals who are in full discussion with the supervisory and Finance departments on this subject. The key points revolve around the preservation of equity and cash flow support.
The regulation of raw and manufactured tobacco in Morocco has been updated through draft law 66-20. The project was voted on by the Finance and Productive Sectors Committee on Thursday, November 12, just after the adoption of the 2021 finance bill.
A few weeks before the expiry of the tax incentives for social housing in the Kingdom, the government has not yet spoken on the renewal or not of these measures. This eventuality, which is not even reflected in the Finance Bill, is a concern for many Moroccans.
The DGI attaches more importance to the corrective declaration, which obliges the Moroccan taxpayer to file it within ten days, once the statement of irregularities has been received. Instructions have been given to the regional directorates to this effect.
The impact of the health crisis is likely to be even more severe for those already living in poverty. On the eve of the presentation of the Finance Act and World Day to Combat Poverty, Oxfam Morocco calls for strong measures.
The economic recovery plan, which is one of the top priorities at the moment, is based on the Strategic Investment Fund, also called the "Mohammed VI Fund for Investment". In a speech addressed on Friday to Parliament from the Royal Palace in Rabat, the King further emphasized the importance of such support for Moroccan companies.
To strengthen the economic and trade relations between Morocco and Luxembourg, the opening of a representative office called the Luxembourg Trade and Investment Office (LTIO) is planned in Casablanca. This announcement was made by the Luxembourg government this week.
Allowing Moroccan companies, especially SMEs and VSEs, to benefit from public orders for their recovery in this period of crisis, this is the whole meaning of the "national preference" principle. The government intends to move quickly.
An extension is granted for the voluntary disclosure operation for assets held abroad. The deadline, initially set for October 31, 2020, has been postponed to December 31.