By the top of the yr, the expenditure of the compensation fund ought to quantity to nearly 38 billion further dirhams. This was introduced by the federal government’s press secretary, Mustafa Baytas, through the weekly press briefing following the assembly of the federal government council, which was chaired by Prime Minister Aziz Ahanuch.

The press secretary reminded that the Council of the Authorities summarized the outcomes of 2022 and authorised proposals for appointments to greater positions in accordance with Article 92 of the Structure. Mustafa Baytas additionally added that the price of the compensation fund was partly used to subsidize the costs of butane, wheat and sugar, whereas the opposite half was paid to transporters to manage prices. use public transport.

Baytas praised the nice well being of tourism and Moroccan craftsmanship, for which exports are made. This sector will exceed 1 billion DH, which is a document (the most effective determine dates from 2019 with 795 million DH). To remain within the tourism enterprise, he mentioned 70,000 e-visa functions had been processed and that prime demand had prompted the opening of the service to new nations.

For his half, Fouzi Lekjaa, Minister Plenipotentiary of Financial system and Finance answerable for the finances, answering the query of journalists in regards to the forecasts of Financial institution-Al-Maghrib, which once more raised the important thing charge to 2.50% and revised the financial development charges down, factors to that the figures proven will change and that because the context progresses it’s regular that there are fluctuations however that you will need to obtain on the finish of the monetary yr the anticipated outcomes.

BAM now expects inflation to be 6.6% in 2022, up from 1.4% in 2021, primarily resulting from rising meals and gasoline costs. It ought to return to three.9% in 2023 (+4.2% in 2024). Financial development this yr will see an “obvious slowdown” to 1.1% (1.5% for the minister’s division) after a rebound of seven.9% recorded in 2021.

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