Heba Press
The General Treasury of the Kingdom indicated that expenditure issued under the compensation tax amounted to approximately 8.1 billion dirhams at the end of September 2024, a decrease of 60.9% compared to the same period of the ‘last year.
The Treasury explained, in its monthly bulletin on public finance statistics, that these issues represent a completion rate of 47.5% of the total expectations of the Finance Law for the year 2024.
According to the same source, outgoing management expenses amounted to the equivalent of 202.8 billion dirhams, including 120.9 billion dirhams linked to wages and salaries, which recorded an increase of 7.2%.
Equipment expenditure increased by 3.8% to 48.9 billion dirhams, while expenditure on common costs decreased by 33% to 23.4 billion dirhams.
The Treasury also indicated that the share of the general budget in the amounts of tax exemptions, deductions and reimbursements increased by 44.3%, following the increase in the amounts reimbursed from corporate tax (2 billion dirhams against 1.29 billion dirhams). and the amounts reimbursed from the internal value added tax (7.05 billion dirhams, compared to 4.93 billion dirhams).
