Highlights

The Minister of Economy and Finance presents the outlines of the finance law for the year 2015 at the council of the government

17/09/2014
The Minister of Economy and Finance presents the outlines of the finance law for the year 2015 at the council of the government

The Minister of Economy and Finance, Mr. Mohammed BOUSSAID, presented, Thursday, September 18th 2014 at the Council of the Government, a report on the major components and the steps in preparing the 2015 finance bill. This issue int​erests investment and business support, the acceleration of the reforms and the application of the constitution, the social cohesion and the promotion of work opportunities, as well as sustaining efforts for a good control of macro-economic balances.​

The Minister of communication of the Government spokesman, Mr. Mustapha El Khalfi, stated during a press conference at the end of this Council that Mr. BOUSSAID referred to the preparation of the finance bill 2015, which was launched by the generalization of the guideline note addressed by the head of Government to all the departments of the Government and the sector based commissions’ activities during the first two weeks of September 2014.

Mr. El Khalfi also indicated that the Bill was discussed within the framework of an intergovernmental seminar in the light of the two speeches of HM King Mohammed VI calling for the consideration of the issue of inequitable distribution of wealth and set up mechanisms to allow Morocco to be classified as an emerging country through good governance, accountability, the improvement of business climate, the increase in investments and the reform of vocational training system.

Furthermore, the Minister of economy and finance presented at this Council, a review on the implementation of the finance act for the year 2014. According to Mr. BOUSSAID, this Act is performed as expected.

​This law is executed as expected either at the level of payroll, operating expenditures, compensation expenditures, which declined by 16% compared to 2013, or at accelerating the rate of realizing investments established at 180 billion dirhams", reported the Minister to the press.