
Morocco's 2022 Budget Deficit Projected at 5.9% of GDP, Exceeding Previous Forecasts
The 2022 Finance Bill is based on a budget deficit of nearly 72.6 billion dirhams (MMDH), or 5.9% of gross domestic product (GDP).

The 2022 Finance Bill is based on a budget deficit of nearly 72.6 billion dirhams (MMDH), or 5.9% of gross domestic product (GDP).

Improving doctors’ salaries to prevent them from leaving abroad. This is a proposal from the parliamentary group of the Istiqlal Party (PI), which calls on the Akhannouch government to curb the brain drain in the medical sector.

The average salary in the civil service in Morocco has increased by 15.71% over the past decade, according to the Ministry of Economy and Finance.

While it organizes a general population and housing census (RGPH) every ten years, Morocco seems to be preparing a new census for 2022 after the one in 2014. Already signs of this.

During the presentation of the 2022 Finance Bill (PLF) to Parliament on Monday, Nadia Fettah , Minister of Economy and Finance, criticized the management of the Islamists of the Party of Justice and Development (PJD) who remained at the head of the government for a decade.

Morocco’s military budget has been steadily increasing for several years as it has embarked on a dynamic of strengthening and modernizing its army. It should increase from 4.295 billion euros in 2021 to 4.8 billion euros in 2022, and would constitute the largest military budget in the history of the kingdom.

In the 2022 Finance Act, the government has planned specific measures for corporate tax through a revision of the social solidarity contribution.

The budget of the royal palace amounts to 543 million dirhams, according to the 2022 finance bill adopted on Monday by the government. The same amount was allocated to the royal institution last year.

The government has announced that a credit of 16.2 billion DH has been planned in the 2022 Finance Bill to subsidize the prices of butane gas and food products.

Cigarette prices will rise in Morocco from 2022. This is one of the effects of the measures in the 2022 state budget.

A session of the Council of Ministers is being held this Sunday at the royal palace in Fez. It is devoted to the study of the Draft Finance Law (PLF) 2022.

During the government Council held this Saturday, the ministers followed a presentation by the Minister of Economy and Finance on the preparations for the 2022 Finance Bill and proceeded to examine several international agreements, including the one with Israel.