Morocco to Create Over 30,000 Public Sector Jobs in 2024 Budget Plan
22 October 2023
The Moroccan state plans to create 30,034 positions in ministries and public institutions in 2024, according to the 2024 Finance Bill (PLF).
Finance Bill (2025 Morocco)
Morocco Plans Record $33 Billion Public Investment for 2024
22 October 2023
Public investment in Morocco is expected to reach 335 billion dirhams (MMDH) next year, according to the presentation note of the 2024 Finance Bill (PLF). An effort that will (…)
Morocco Launches Amnesty Program for Undeclared Foreign Assets
21 October 2023
In Morocco, people who are in violation of exchange regulations and tax legislation are targeted by a new regularization operation.
Morocco to Hike Alcohol Taxes Sharply in 2024 Budget Plan
21 October 2023
The government of Aziz Akhannouch plans a sharp increase in the domestic consumption tax (TIC) on alcoholic beverages. This emerges from the draft finance law (PLF) for the (…)
Morocco Boosts Defense Spending to $12.1 Billion in 2024 Budget
21 October 2023
Morocco will allocate nearly $12.1 billion to the Ministry of Defense in 2024. This amount will be used, among other things, for the acquisition of weapons and military equipment.
Morocco Likely to Seek International Aid for Earthquake Recovery, Fitch Reports
28 September 2023
The rating agency Fitch on Thursday mentioned the need for external financial support to help Morocco cope with the consequences of the violent and deadly earthquake that (…)
Morocco Delays Decision on New Housing Subsidies for First-Time Buyers
20 September 2023
The approval of the draft decree on housing assistance was postponed by the government council at its meeting on Monday.
Morocco’s Alcohol Tax Revenue Surges to 867 Million Dirhams in First Half of 2023
4 August 2023
In six months, tax revenues from alcohol have seen a significant increase, reaching over 800 million dirhams. This is what the quarterly report on the execution of the 2023 (…)
Morocco Delays Direct Aid Program for First-Time Homebuyers
6 March 2023
While it was announced for December, then for January 2023, the decree setting the amount and procedures for granting direct financial aid to first-time home buyers is delayed. (…)
Morocco’s Illegal Sand Trade: High-Ranking Officials Linked to Unregulated Quarries
21 February 2023
High-ranking officials are among the "clandestine" operators of sand quarries who market poor quality sand throughout Morocco. Moreover, this activity escapes the taxation (…)