The Moroccan government has taken new measures to reduce public expenditures in response to the interim situation that has imposed priorities to combat the health and economic repercussions of the Coronavirus outbreak, which has disrupted many economic sectors due to measures to curb the spread of the epidemic.
The Moroccan government called for the necessity of rationalizing the expenditures of public institutions, and directing the available resources towards the priorities imposed by the management of the health crisis, until next June.
In this regard, Prime Minister Saad al-Din al-Othmani pointed out "the necessity of concerted efforts to implement government measures, so that Morocco can manage this crisis effectively and reduce its negative effects on citizens and the local economy."
The austerity measures of the government exclude the necessary expenditures for state departments and institutions, such as employee wages, investment expenditures, expenditures intended to reduce the effects of drought, and some social expenses handled by the Social Cohesion and Family Solidarity Support Fund. The procedure also excludes health and security sectors, including the Ministry of Interior and its security services, which are affiliated with the Ministry of Defense.
The decision includes priority expenditures at the level of the general budget, the budgets of the state’s independently running facilities, and the special accounts of the treasury and public institutions, which will abide by the decisions until June 2020.
Source (Arab Newspaper-London, Edited)
