The Moroccan economy has shown exceptional vigor over the past year in a particular context related to the health crisis, thanks in particular to the government’s support measures, combined with the very positive results of the agricultural season. The recovery is therefore on track.
The refund of VAT arrears for private companies announced by the government will start next week and will be gradual until April 2022.
At the end of last October, tourism activity in Morocco recorded a 0.7% decline, resulting in a drop in revenues to 28.5 billion dirhams, according to the Directorate of Studies and Financial Forecasts (DEPF).
At the end of last November, customs revenue reached more than 63.29 billion DH, marking a 24% year-on-year growth, according to the General Treasury of the Kingdom (TGR).
On Saturday evening in a plenary session, the House of Representatives almost unanimously adopted the entire 2022 Finance Bill (PLF) .
At the end of last October, Morocco’s budget deficit stood at 51.2 billion dirhams, according to the statement of treasury charges and expenses, at the same level as that recorded a year ago.
Civil servants promoted in recent years but whose salary has not been revalued will see their situation settled in the coming months.
The National Railway Office (ONCF) has planned an investment of more than 7.7 billion DH during the 2022-2024 period.
The high cost of food commodities observed on the Moroccan market is due to the rise in prices worldwide, observed since April, according to the Minister Delegate for the Budget.
The economic repercussions of the Covid-19 pandemic have been of different intensities depending on the Moroccan regions . Here are those who have come out on top and those who have sunk.
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.
Morocco is banking on massive public investment to revive its economy hit hard by the health crisis related to Covid-19.