Morocco’s Tax Revenues Plummet Amid Sharp Decline in Non-Tax Income

According to the TGR, this development is the result of the "72.2% decrease in trust funds, 38.5% in the fee for temporary occupation of the municipal public domain, 36.9% in domain revenues and 14.6% in subsidies". It points out that the drop in subsidies is due to the "decrease in state subsidies, set at 703 million dirhams (MDH) against 823 MDH". The trust funds, for their part, are largely made up of "payments made by certain ministerial departments".

As for tax revenues, they reached 13.2 MMDH, a decrease of 7.7% compared to their level recorded at the end of May 2019, "following the 8.1% drop in direct taxes and 7.5% in indirect taxes".

Regarding the distribution of the revenues of the main budgets of the local authorities by region, the TGR notes that the Casablanca-Settat region alone accounts for 18.8% of the total revenues of the local authorities. The Marrakech-Safi region comes just behind with 12.1% of the revenues, while the revenues of the Dakhla-Oued Ed Dahab region represent 1.6%, the same source specifies.