The new Moroccan government, headed by Aziz Akhannouch, submitted a bill for the year 2022 that includes the proposed measures and procedures to support the local economy to overcome the repercussions of the health crisis.
The Minister of Economy and Finance, Nadia Fattah Alaoui, considered that "the budget for next year has been prepared in a context characterized by the emergence of signs of economic recovery, drawing lessons from the measures of the epidemiological crisis, and the beginning of the application of the development model, as it is a governmental responsibility that requires the participation of all actors in the state."
The Moroccan parliament had approved the start of implementing the new development model announced by the Royal Commission last May, to raise the level of growth by 2035 and reduce sharp social disparities.
Alaoui presented a glimpse for the Moroccan King Mohammed VI, who chaired the first cabinet of the new government, regarding the broad lines and general directions included in the upcoming budget, and stressed that the government was keen to be a starting point for implementing the royal directives and the government program.
It worth noting that the general directions are based on strengthening the foundations for the economic recovery in order to give a new dynamism to the various productive sectors, and to increase their ability to preserve jobs and provide job opportunities for youth to face the challenge of unemployment.
Source (London-based Al-Arab Newspaper, Edited)
