Meeting this Thursday under the chairmanship of the head of government, Aziz Akhannouch, the Government Council followed a presentation on the execution of the finance law (LF) for the 2023 financial year, the preparation of the finances (PLF) for the year 2024, as well as the three-year budget plan for 2024-2026.
Questioned about the progress of the implementation of the Finance Bill 2023 during the press conference organized this Thursday at the end of the Council of the Government, the spokesman of the government, Mustapha Baitas, indicated that the measures taken by the government have enabled the improvement of the performance of the national economy and contributed to its rapid recovery, noting that this achievement is confirmed by national and external reports.
Baytas underlined that the presentation made by the Minister of Economy and Finance, this Thursday to the Council of Government concerning the execution of the budget for the first half of the current year and the expectations for the coming year, ” confirms that the government is achieving all of its objectives in the first six months of the current fiscal year, despite the fact that the international context was characterized by uncertainty“, noting that there exists” inflationary pressures on a group of economies to which Morocco is linked, in particular the European Union, and the continuation of the Russian-Ukrainian war “.
The government spokesperson considered that the options adopted by the government, particularly in terms of supporting a set of sectors and combating inflation, ” are effective and have had a direct impact on the rapid recovery of the national economy“.
In response to journalists’ questions at the press conference, Baitas said that the presentation of the Minister of Economy and Finance that she will present tomorrow before the Parliament, “cincludes very positive results in government sectors that stimulate growth (industry, tourism and transport, etc.)“, noting” a good performance in general for agriculture“.
Regarding inflation, the government official noted that it is on a downward trend, and that it “ is mastered month after month“, pointing out that the first six months of the current year have also seen “a significant increase in foreign investment and remittances by Moroccans residing abroad (MRE).
He added that ” all the expectations presented by the Minister of Economy and Finance in her presentation confirm that we have all achieved the objectives set by the government in the finance law for the year 2023“, noting that some State treasury receipts have improved thanks to the implementation of the directives of the National Assizes on taxation.