Public Treasury

Morocco’s Tax Maze: How Expat Landlords Navigate Rental Income Obligations

30 June 2025

Moroccans Residing Abroad (MREs) receiving rental income from real estate located in Morocco are subject to income tax. A key element of this tax regime, the withholding tax on (…)

Morocco Tightens Real Estate Transfer Rules to Boost Tax Revenue

14 June 2024

In Morocco, the tax administration has changed the procedures for the transfer of real estate, in order to increase the revenue from local taxes, the poor relation of the (…)

Morocco’s Alcohol Tax Revenue Soars as Tourism Rebounds in 2022

8 February 2023

With the return of tourists to Morocco, fiscal royalties on the consumption of alcoholic beverages have exploded in 2022, according to data published by the Ministry of Economy (…)

Morocco’s Treasury Debt Nears 1 Trillion Dirhams, Up 8% from 2021

24 December 2022

For the year 2022 that is coming to an end, the Treasury’s debt would be around 958 billion dirhams (BMDH), while in 2021 it was 885 BMDH, according to Attijari Global Research (…)

Morocco’s Private Healthcare Sector Faces Billion-Dirham Loss Amid COVID-19 Crisis

12 June 2020

In two months, private clinics have lost one billion dirhams. The coronavirus pandemic will have caused, for the same period, clinics, pharmacies and medical practices, a drop (…)

Morocco’s IMF Credit Line Boosts Reserves, Covers 18 Days of Imports

15 April 2020

The Precautionary and Liquidity Line (PLL) granted by the International Monetary Fund (IMF) to Morocco has only covered a few days of imports. According to Fouzia Zaaboul, (…)

Morocco’s Public Debt Drops to 29.2% of GDP, Treasury Report Shows

7 April 2019

Good news on the debt front with a decrease in its share of Gross Domestic Product (GDP), according to the Ministry of Economy via the Directorate of the Treasury and External (…)