Morocco’s Finance Bill 2014 allocated MAD 186.64 Billion to Public Sector

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Introduced last October 23, 2013 in both Houses of Parliament allocates a total budget ofMorocco’s Finance Bill 2014 allocated MAD 186.64 Billion to Public SectorMAD 186.64 billion for investments in the public sector.
According to a memo attached to the Finance Bill 2014, the investment amount includes MAD 126.69 billion directed for companies and public institutions, followed by MAD 47.95 billion for the General State Budget, special Treasury accounts, and state services managed autonomously.
For Local Authorities, they should provide a budget estimated at 12 billion dirham’s, the memo notes, adding that these investments aim to continue the policy of large-scale infrastructure projects.
Private investment occupy a prominent place in upcoming finance bill with a series of measures related to the improvement of the business environment, facilitating access to finance, logistics development , strengthening professional training and research, and supporting SMEs.