Non-tax revenues have experienced a remarkable increase during the first nine months of the current year, thanks to the increase in transfers from enterprises and public establishments (EPP) and contractualization for the benefit of the State.
According to recent data released by the Ministry of the Economy and Finance, transfer receipts from companies and public establishments amounted to approximately 9 billion and 200 million dirhams at the end of last September, against 7 billion and 800 million dirhams. over the same period during the previous fiscal year. And hopes remain as we should end the year with around 17 billion dirhams. The Office Chérifien des Phosphates (OCP) Group leads the public institutions contributing the most to the state budget with around 4 billion and 100 million dirhams. The National Agency for the Conservation of Real Estate and Mapping is following him with two billion and 500 million dirhams.
Privatization receipts also contributed to increasing non-tax revenues, with the 5 billion and 300 million dirhams of the 35% of the capital of the Marsa Maroc company and the total contribution of the State to the capital of the Société Immobilière de l ‘ International University in Rabat for 110 million dirhams. In total, non-tax revenues at the end of last September amounted to around 20 billion and 700 million dirhams, compared to 16 billion and 900 million dirhams at the same period last year, and it is expected that the end of the l he current year records around 38 billion dirhams.
The financial contributions of public establishments and markets to the general State budget are concentrated on a limited number of organizations which did not exceed 27 during the year 2019, mainly reflected in financial and public establishments, profits and profit shares of establishments and public markets. The annual rate of these contributions has risen to around 10 billion dirhams in recent years where 4 public institutions dominate 72% of the total of these contributions, namely, OCP, the National Heritage Preservation Agency, Maroc Telecom and Bank Al-Maghrib.
The relative weakness of these transfers is due to the fact that many of these institutions and public markets achieve low or negative profit levels, which does not allow them to transfer significant amounts to the State. The low level of financial contributions to these bodies is also due to the fact that many institutions and public enterprises are in the process of restructuring or making huge investments, such as Autoroute du Maroc (ADM), the National Airports Office ( ONDA) and the National Railways Office (ONCF).
These institutions, public enterprises of a non-commercial nature are not required to pay profits or income for the benefit of the state budget. They use state supplies to finance operating and equipment expenses while public enterprises. Businesses of a commercial nature, on the other hand, are supposed to contribute annually to the State budget. The public portfolio includes 227 public establishments and 43 public enterprises with direct contribution to the Treasury. The State and certain public establishments and contracts have 492 subsidiaries or indirect public contributions. The number of public establishments and contracts of a commercial and financial nature is 71, or 26.5% of the total.
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