Highlights

The House of Councillors adopted by a majority the 2013 Finance Bill : 27/12/2012

The House of Councillors adopted by a majority the 2013 Finance Bill

The House of Councillors adopted by majority vote the Finance Bill for the year 2013 Tuesday, December 25th, 2012, in a plenary session chaired by Mr. Mohamed Cheikh Biadillah.

The Finance Bill for the year 2013 was approved with 64votes in favour, 44 against and one abstention.

The 2013 Bill expects a 4.5% growth rate and a reduction of the budget deficit to 4.8%, with an average oil price of 105 dollar a barrel and an average rate of 8.5DH /dollar.