Minister Says 2023 Finance Bill Respects Macroeconomic Balances

Rabat – The 2023 Finance Bill is based on respect for macroeconomic balances, said Economy and Finance Minister Nadia Fettah on Thursday in Rabat.

The Minister, who was responding to interventions by MPs at the House of Representatives on the 2023 Finance Bill, stressed that this draft act deals with the impact of the crisis and is committed to reforming structural projects.

She also said that this Finance Bill is an ambitious project that enshrines the social state and reflects the government’s commitment to the implementation of the Royal High Directions and the New Development Model.

The 2023 Finance Bill has been elaborated in a complex and exceptional context, marked by the succession of crises of different dimensions at the global level, which has impacted public finances and macroeconomic balances, she further explained.

The government has worked to the rapid implementation of reforms in a participatory manner with all partners and with the contribution of all stakeholders, as evidenced by the measures proposed in the bill and which concern vulnerable categories, non-employees registered in the National Fund of Social Security, in addition to the reform of the pension system.

Regarding the budget allocated to local authorities, the Minister said it has been increased, indicating that one billion dirhams has been allocated to digitization to facilitate procedures and bring the administration closer to citizens.

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