Accounts Council: “Tax reform has contributed to improving the country’s budgetary revenue”

This article was automatically translated from HIBAPRESS, the Arabic version:

Heba Press – suivi

The High Council of Accounts has published its annual report on the state of the national economy and public finances for the past year. This report includes a lot of data that we will try to publish for you in detail in the following articles.

In this regard, the Superior Council of Accounts indicated in its report that at the level of public finances, regular revenues from the general State budget amounted to 324 billion dirhams during the year 2023, thus recording an increase of 22.2 billion dirhams compared to the year 2022, or more than 7%.

This increase is mainly explained by the increase in tax revenue, amounting to 13.9 billion dirhams, an increase of 5.6%, and the recorded increase in non-tax revenue of around 8.2 billion dirhams, an increase of 16.8%.

Total revenue continued its positive trend, reaching around 261.9 billion dirhams at the end of September 2024, compared to 233.5 billion dirhams at the same period of 2023, an increase of 12.2%.

The increase in tax revenues is linked to the implementation of tax reform, as well as the impact of the high inflation rate, particularly on customs revenues.