In response to the Funds Division underneath the Ministry of Financial system and Finance, in 2021, native governments (CT) acquired loans totaling 3.04 billion dirhams (MMDH) from the Public Utilities Fund (FEC).

“In 2021, the Credit score Committee held 10 conferences to determine on loans totaling 3.04 billion dirhams supposed to finance infrastructure and tools tasks for native governments, masking numerous financing sectors and a complete funding of 13.7 billion dirhams”, we learn within the report on the actions of the division for 2021.

The loans issued encompass typical loans with a share of 47% and an quantity of 1.43 billion dirhams and loans underneath memorandums of understanding concluded between the Ministry of Financial system and Finance (MEF), the Ministry of Inside (MI) and the FEC referring to the financing of MI’s share or CTs in territorial growth tasks and packages (1.61 billion dirhams; 53%).

By kind of borrower, the construction of loans issued by LA was dominated by areas with a share of 49%, the report clarifies, noting that 2021 was marked by the signing of a memorandum of understanding in favor of the Tiznit-Laayoun expressway. within the quantity of 950 MDH.

Municipalities are in second place with 31%, adopted by prefectures and provinces with a share of 20%. By intervention sector, the report reveals that 30% of FEC loans financed city growth works, 21% – street infrastructure, and 20% of loans had been for specialised tools.

SOURCES :

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