2024-07-28 23:02:29
This PLF received the approval of 45 councilors and was rejected by 13 others, while 6 councilors abstained from voting. This is the same formula with which the Chamber of Councilors adopted the second part of this draft finance law.
The amendments relating to the first part of the Finance Bill, numbering 43, mainly concerned the reform of the value added tax (VAT) which will be carried out in a progressive manner during the period 2024-2026, corporate tax (IS), income tax (IR), customs measures, as well as other measures relating to the revision of the provisions of Article 6 of the Finance Bill concerning State aid to support housing and to strengthen the financial resources allocated to the Social Protection and Social Cohesion Support Fund.
It should be recalled that the Minister Delegate for the Budget, Fouzi Lekjaa, confirmed, before the Finance, Planning and Economic Development Committee of the House of Councillors, the relevance and solidity of the assumptions on the basis of which the PLF was drawn up.
According to the minister, the development of this draft finance law was marked by exceptional circumstances that impacted its content and emerged as priorities, such as the Al Haouz earthquake, which required the allocation of 9 billion dirhams (MMDH) to support the victims and rebuild the affected areas, in addition to addressing the issue of water shortage for which an envelope of 5 MMDH was dedicated.
He noted that social dialogue is also one of the major priorities, affirming that efforts have been made to complete the pillars of the social component, in execution of the High Royal Instructions, as well as to complete the social and economic project by 2030.
2024-07-28 23:02:29