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Finance Bill 2013: the Government looks forward to maintaining the effort to invest in the social sectors : 31/08/2012

Finance Bill 2013: the Government looks forward to maintaining the effort to invest in the social sectors

In the finance bill 2013, the Government intends to maintain the effort of investment in the social sectors including health, education and social housing, affirmed Mr. Driss El Azami El Idrissi, Minister Delegate to the Minister of Economy and Finance in charge of the Budget.

"For public investment, the focus is on two main areas: maintaining the effort to invest in the social sectors (health, education, social housing) and working on the profitability of the existing investments" for example the industrial, agricultural and tourist areas, stated Mr. El Azami El Idrissi in an interview to the daily newspaper "the Economist", published Wednesday, August 29th 2012.

According to the Deputy Minister, "public expenditure will go this way since it is not enough to carry out physical investments, but need to commercialize them and make them profitable ".

With regard to support the private sector, he pointed out that steps will be taken to finance and support industrialization through funding and assistance to training, infrastructure and logistics.

SMEs will benefit, as well, from the Government support as regards marketing, particularly at the international level, he added, ensuring that trade protection measures will be developed "to enable the firm to be competitive".