HomeEconomyOverall surplus of 6.5 billion dirhams at the end of December 2022

Overall surplus of 6.5 billion dirhams at the end of December 2022

The General Treasury of the Kingdom (TGR), indicated that the situation of the charges and resources of local authorities shows an overall surplus of 6.5 billion dirhams (MMDH) at the end of December 2022, against a surplus of 3.6 billion dirhams in 2021 .

In its monthly local finance statistics bulletin (BMSFL) for December, the TGR explains that this surplus, which takes into account a positive balance of 1.42 billion dirhams generated by special accounts and annexed budgets, is intended to cover expenses incurred and to be paid during that year.

The ordinary revenue of local authorities amounted to 45.3 billion dirhams, up 8.1% compared to the end of December 2021, due to the 11% increase in transferred revenue and 10.8% increase in revenue managed by local authorities. local authorities, combined with the 4.2% drop in revenue managed by the State, the same source said.

The TGR also points out that the distribution of revenue from the main budgets of local authorities by region shows a high concentration at the level of six regions with 72.4% of this revenue.

The receipts of the region of Casablanca-Settat (9.256 billion dirhams) represent 20.4% of the total receipts of the local authorities, the region of Rabat-Salé-Kénitra comes second with 12.9% of the receipts, and the receipts of the Dakhla-Oued Ed Dahab region represent 2%.

The bulletin also shows that the overall expenditure incurred by local authorities (ordinary expenditure, investment expenditure and repayment of the principal of the debt) amounted to 43.2 billion dirhams, up 4.4% from compared to their level at the end of December 2021. They consist of up to 60.9% of ordinary expenses.

At the end of December 2022, the overall surpluses generated by the budgets of local authorities for the year 2022 and previous years were 46.6 billion dirhams. These surpluses are intended to cover the commitments referred to in respect of operating and equipment expenditure.



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