Finance Act & Budget
  Economic and Financial Statistics
Fitch Ratings BBB-/stable
Standard & Poor’s BB+/stable
Moody’s Ba1/stable
Public Finance
 
2004 2005 2006 2007 2008
Accounting method:
O
O
O
O
O
TRANSACTIONS AFFECTING NET WORTH ( in million DH):
1 Revenue 159 848,9 170 939,3 191 442,5 226 848,6 268 563,0
11 Taxes 105 550,0 121 383,5 135 790,8 160 953,7 195 252,1
12 Social contributions 19 648,2 22 130,0 23 523,1 28 601,4 26 617,4
13 Grants 1 718,7 1 800,0 2 460,0 2 400,0 9 068,1
14 Other revenue 32 932,1 25 625,8 29 668,6 34 893,6 37 625,4
2 Expense 151 020,1 158 131,5 159 896,7 179 646,9 201 889,9
21 Compensation of employees 72 346,2 81 334,8 82 494,4 89 208,9 95 525,3
22 Use of goods and services 20 379,1 27 679,5 19 556,4 21 476,9 20 346,5
23 Consumption of fixed capital 0,0 .... .... .... 0,0
24 Interest 18 043,0 12 059,2 9 960,2 11 924,0 9 178,6
25 Subsidies 10 541,0 11 269,0 12 157,0 16 150,0 31 450,0
26 Grants 959,4 0,0 0,0 0,0 0,0
27 Social benefits 16 538,2 17 533,3 20 728,9 23 527,0 27 503,8
28 Other expense 12 213,3 8 255,7 14 999,8 17 360,2 17 885,8
GOB Gross operating balance (1-2+23+NOBz) 8 828,7 12 807,8 31 545,8 47 201,7 66 673,1
NOB Net operating balance (1-2+NOBz) c/ 8 828,7 12 807,8 31 545,8 47 201,7 66 673,1
TRANSACTIONS IN NONFINANCIAL ASSETS:          
31 Net Acquisition of Nonfinancial Assets 16 636,7 21 581,1 24 879,8 27 923,0 37 944,8
311 Fixed assets
312 Change in inventories
313 Valuables
314 Nonproduced assets
NLB Net lending / borrowing (1-2+NOBz-31) -7 807,9 -8 773,3 6 666,1 19 278,7 28 728,2
TRANSACTIONS IN FINANCIAL ASSETS AND LIABILITIES (FINANCING):
32 Net acquisition of financial assets -11 063,9 -11 383,0 5 892,6 3 316,9 26 647,0
321 Domestic -11 383,0 5 892,6 3 316,9 26 647,0
322 Foreign 0,0 0,0 0,0 0,0
323 Monetary gold and SDRs
33 Net incurrence of liabilities -3 256,0 -2 609,6 -773,5 -15 961,8 -2 081,2
331 Domestic 4 461,0 -1 152,6 1 586,5 -16 734,8 -4 020,2
332 Foreign -7 717,0 -1 457,0 -2 360,0 773,0 1 939,0

Source : DTFE

Updated: 18/09/2009