Highlights

The second part of the 2014 Finance Bill adopted in committee in the House of Representatives : 19/11/2013

The second part of the 2014 Finance Bill adopted in committee in the House of Representatives

The Finance and Economic Development Committee in the House of Representatives held Tuesday, November 19th, 2013, adopted the second part of the Finance Bill for the year 2014. This section was adopted by a majority vote (23 for, 14 against and 0 abstentions).

Under the terms of the Finance Bill 2014, the financial resources of the state are about 335, 17 billion dirhams (MMDH) against 345.91 billion dirhams (MMDH) in 2013, a decrease of 3.1 pc.

The distribution of these resources is as follows: the general budget with 264.43 billion dirhams, the special Treasury accounts (67.65 billion dirhams) and the State’s services managed autonomously (SEGMA) with 3.09 billion dirhams, according to the introductory note the Finance Bill 2014.