The Director of the Budget at the Ministry of the Economy and Finance, Aziz El Khayatihighlighted, Saturday in Rabat, the importance of consolidating multi-year budgetary programming as a vector for the sustainability of public finances.
Speaking during a round table held as part of the 16th International Conference on Public Finance, A. El Khayati insisted in particular on the strengthening of the performance approach through the consecration of the transversality of public action and this , by setting up cross-functional programs.
At the same time, he recommended the establishment of a law of multi-annual programming which concerns the State, THE public establishments and enterprises (EEP) et local authorities, to ensure budgetary sustainability, while relying on a powerful information system and a system for prioritizing investment projects based on of their impacts and the degree of self-financing.
In addition, the Budget Director explained that multi-annual programming is necessary in view of the requirements for steering public finances in the face of the multiplication of crises, community viability, performance and transparency, and alignment with international practices.
For him, “the choice of the right multi-year public finance programming model rests on our ability to strike a balance between budgetary sustainability and agility in the face of crises and changes in the economic situation in general”.
For his part, the accountant and president of the Tax Commission at the International Chamber of Commerce – Morocco (ICC-Morocco), Mohamed Hdid, indicated that tax erosion does not necessarily result from fraud or illegality, but more of a question of distribution of fiscal resources between States.
He recalled the initiatives of the Organization for Economic Co-operation and Development (OECD) with its project on base erosion and profit shifting (BEPS), comprising fifteen actions intended to combat base erosion. the tax base and the transfer of profits. In this sense, Mr. Hdid raised the possibility of establishing an inclusive global tax convention under the aegis of the United Nations, and of which Morocco actively participates in this work as a member.
For his part, the magistrate and director of the standards and support center for financial jurisdictions at the Court of Auditors, Lahcen Kers, considered that the management of public finances should integrate in the long term a model of continuous evaluation and include performance indicators, highlighting the importance of strengthening general accounting.
As for Gilles Miller, senior advisor at the Court of Auditors in France, he shed light mainly on the importance of judicial control in the regulation of public finances.
This regulation, although necessary, remains complex and may be undesirable in governance as dynamic as that of public finances, he noted.
Organized by the Ministry of Economy and Finance, in partnership with the Association for the International Foundation of Public Finance (FONDAFIP), under the theme “Towards a better restructuring of the model of public financial governance in Morocco and France” , this two-day conference brought together experts, academics and public decision-makers to discuss the reforms necessary to adapt public finance governance systems to contemporary challenges.
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