A summary of the 2020 human resources report, published by the Ministry of Economy, Finance and Public Administration Reform, indicates that the Moroccan civil service had a civilian workforce of 564,549 civil servants in 2019. These agents cost the State more than 112 billion dirhams.
The Ministry of Economy has spoken out on the dysfunction that would have undermined the credibility of the recruitment competition for people with disabilities. In its clarification, the ministry reviewed the modalities of this competition.
The Moroccan government wants to equip crowdfunding with a legal framework. The crowdfunding bill was presented to Parliament last Tuesday by the Minister of Finance.
The budget deficit recorded at the end of November 2019 is 39.6 billion dirhams (MMDH) compared to 41.1 MMDH in November 2018. This is revealed by the statement of Treasury charges and resources (SCRT), prepared by the Ministry of Economy, Finance and Administration Reform.
A senior official within the Ministry of Finance, prosecuted at liberty, had his passport withdrawn, for his alleged involvement in a case of sexual harassment and adultery.
The Communal Equipment Fund granted a loan of 4.26 billion dirhams (MMDH) to local authorities (CT) in 2018 to finance projects worth over 21 MMDH in investments.
Morocco issued a bond on the international financial market on Thursday, November 21 for an amount of one billion euros. This loan will cost 1.5% interest rate.
66,000 jobs were created by the Moroccan industry in the first half of this year, said the Minister of Industry, Moulay Hafid Elalamy, during a meeting organized by the Moroccan Association of Exporters (ASMEX).
Starting next year, Moroccans will be able to hold foreign currency accounts or convertible dirham accounts with Moroccan banks, according to the Finance Minister.
In total, 69,360 civil servants of the State will be admitted to retirement in 2024.
The Minister of Economy, Finance and Public Administration Reform, Mohamed Benchaâboun, is concerned about the increase in seizures of state property. For him, this remains a huge risk for the Kingdom.
Morocco’s economic growth should reach 2.9% in 2019 according to the Minister of Economy. Mohamed Benchaâboun presented his projections during the Cabinet meeting, which discussed the 2020 Finance Bill. At the same meeting, the Minister also stated that the growth rate of non-agricultural activities should reach 3.3%.