The government will strengthen its control of the debt and deficit in the years to come

The government will strengthen its control of the debt and deficit in the years to come
The government will strengthen its control of the debt and deficit in the years to come

The Minister Delegate in charge of Relations with Parliament, Government Spokesperson, Mustapha Baitas, affirmed, Wednesday in Rabat, that all indicators confirm the government’s commitment to strengthening its control of the debt and the budget deficit during the coming years.

The government “exercises rigorous control” over the budget deficit and debt, which increased by around 10% between 2011 and 2021 to reach almost 72%, Mr. Baitas stressed in response to a question on government measures to control the debt during a press briefing following the Governing Council.

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And to add that the executive will continue to strengthen its control over the budget deficit in the years to come, despite, in particular, the funds allocated to social dialogue, to the financing of social assistance programs and support for public establishments, in in particular the National Office of Electricity and Drinking Water (ONEE), in order to guarantee the stability of the price of water and electricity.

Mr. Baitas also stressed that the government is working to control the debt ” because financial independence is essential to pursue reforms“, adding that a credit line is available to finance socio-economic programs, although it has not yet been used.

With MAP

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