Morocco
Morocco to Introduce Single Professional Tax for Small Businesses in 2021
The Moroccan government has put back on the table the single tax for flat-rate payers. A Single Professional Contribution (CPU) will thus be set up in 2021.
Topic
Ministry of Economy and Finance
Morocco
Morocco Unveils Anti-Corruption Authority Bill to Boost Governance and Civic Values
The Minister of Economy and Finance presented draft law No. 19-46 relating to the National Authority for Integrity, Prevention and the Fight against Corruption. This document presented before the Justice Commission in the House of Representatives sets the operating bases of the authority.
Morocco
Moroccan Health Insurance Fund Reverses Course, Will Cover COVID-19 Expenses
The National Fund for Social Welfare Organizations (CNOPS) has reversed its decision and will ultimately reimburse its policyholders for medical expenses related to the coronavirus pandemic.
Morocco
Morocco to Issue $2 Billion in Sovereign Bonds Amid Economic Challenges
Faced with the impact of Covid-19 on its economy, Morocco intends to raise $2 billion on international sovereign debt markets.
Morocco
Morocco Launches Mandatory Health Insurance and Family Allowance Program in 2021
The Minister of Economy and Finance held a press conference on one of the flagship measures of King Mohammed VI’s speech on the day of the Throne Feast: Mandatory Health Insurance (AMO) and family allowances.
Morocco
Morocco's Highway Operator Raises $220 Million in Oversubscribed Bond Issue
Autoroutes du Maroc has launched a bond issue of 2.2 billion DH in the form of a bond loan. This operation, launched a few days ago, was closed with a demand of 4.17 billion DH.
Morocco
Economic Slowdown Grips Morocco as Key Sectors Underperform Amid Pandemic Pressures
The lack of internal dynamism and the persistent gloom of the economic climate have been noted in the latest statistics from the Directorate of Studies and Financial Forecasts (DEPF). The only glimmer of hope is to finance the economic circuit.
Morocco
Morocco Cuts Public Institution Payment Times to 40 Days, Urban Agencies Lead Improvement
The government is improving the payment deadlines for public institutions over the years. While it was around 50.6 days in June 2019, the average was set at 40.58 days at the end of June 2020.
Morocco
Morocco's Finance Minister Reports 20% Drop in FDI, Remains Optimistic on Economic Outlook
Invited to speak before the two Finance Committees of Parliament, Minister of Economy and Finance Mohamed Benchaâboun reviewed the general framework for preparing the 2021 Finance Bill.
Morocco
Moroccan Economy Faces Steep Recovery Amid Tax Revenue Plunge, Minister Says
The Moroccan economy is going through one of the most trying crises in its history, and will have to embark on a process of restarting that will take many months. These are the words spoken on Wednesday by the Minister of Economy, Finance and Public Administration Reform, during the presentation of the general framework for the preparation of the 2021 Finance Bill to parliamentarians.
Morocco
Germany Pledges $701 Million in Aid to Morocco for Renewable Energy and Development
Three agreements totaling 701.3 million euros, in the form of loans and grants, were signed on Wednesday, July 23, 2020, between Morocco and Germany, as part of the financial and technical cooperation between the two countries.
Morocco
Morocco's Tax Revenue Plummets, Straining Public Finances in First Half of Year
The assessment for the first half of the year indicates that public finances are in poor condition. It shows a decrease in net ordinary revenue from tax refunds, rebates and restitutions.