During a press briefing held at the end of the Government Council, the Minister Delegate to the Head of Government in charge of Relations with Parliament, Government Spokesperson, Mustapha Baitas, indicated that Mr. Lekjaa specified that taking into account the provisional situation of execution of the FL-2024, the budget deficit continued its downward trend to stand at 4% of GDP in 2024, against 4.3% in 2023.
This control of the budget deficit results from the improvement in ordinary revenue which increased by more than 47.4 billion dirhams (billion dirhams), or 14.6% compared to 2023, he explained. The minister further noted that this dynamic in ordinary revenues is mainly attributable to the continued increase in tax revenues of MAD 35.9 billion, or 13.6% year-on-year.
In this wake, the debt rate remained at the level recorded in 2023, namely 69.5% of GDP at the end of 2024.
-Furthermore, Mr. Baitas announced that the Governing Council has decided to postpone the examination of bill no. 74.24 establishing and organizing the Foundation for social works of prison administration and reintegration civil servants, at a later meeting.
Morocco
