Morocco Faces Financial Strain as Court-Ordered Seizures of State Property Rise

– byGinette · 1 min read
Morocco Faces Financial Strain as Court-Ordered Seizures of State Property Rise

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.

The frequency of court decisions in favor of seizing state property risks threatening the financial balance of the country, public institutions and local authorities, if the execution of judgments does not take into account the constraints of the general budget.

It was in response to a question raised by deputies during the debate on the 2020 Finance Bill (PLF) within the Finance and Economic Development Committee of the House of Representatives that the Minister stated that these seizures amounted to 10 billion DH over the past three years. A very significant shortfall for the State.

And it is in this that Mohamed Benchaâboun reaffirmed the validity of the proposal related to the prohibition of the seizure of state property, contained in Article 9 of the 2020 PLF, strongly criticized by the opposition.

According to Benchaâboun, this prohibition "aims to guarantee the continuity of the functioning of public services". Moreover, such a prohibition remains limited by a series of provisions intended to guarantee the rights of creditors, according to the Minister who reassured that "the Government has no intention of violating the Constitution, especially since it is motivated by the sole objective of restoring confidence in institutions".