Mr. Fouzi LEKJAA specified that 4 MMDH of these additional credits, deemed "urgent and necessary", will be allocated to the (ONEE) “Office National de l'Électricité et de l'Eau potable” in 2024, in order to maintain water and electricity prices for all consumers, especially citizens. He added that there will be no increase in water and electricity bill rates this year, despite the successive increases observed in several countries, including those that depend on imported raw materials to produce electrical energy.
He also pointed out that these appropriations include 6.5 MMDH to implement the government's commitments made within the framework of social dialogue, the cost of which will reach 45 MMDH by 2026, and will concern 4,250,000 civil servants and employees, noting that "the new approach adopted by the government in social dialogue aims to strengthen the purchasing power of the middle class, affected by international price fluctuations".
Mr. LEKJAA also noted that tax revenues reached 14.3 MMDH as at May 31, 2024, recording an increase of 14.58% and 10.48% for customs revenues, affirming that these results "are the fruit of joint work and multiple reforms aimed at broadening the tax base".
Compared with forecasts, the rate of implementation of the Finance Act 2024 stood at 46% in the first five months of the year, he added, noting that work would continue at the same pace, in particular to broaden the tax base and ensure that all taxpayers participate in paying their taxes.
The results achieved and the government's dynamic action will release financial margins that will be used to cover the additional credits.
Mr. LEKJAA also pointed out that the additional appropriations are part of the preparation of the Finance Bill 2025, drawn up by the Ministry's departments in coordination with the various ministries, in accordance with the provisions of Article 60 of the Organic Law on the Finance Law (LOF), and on the basis of Article 70 of the Constitution.