This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba Press – Rabat
The Moroccan government issued a joint decision between the Minister of Youth, Culture and Communication, Mehdi Bensaid, and the Minister Delegate to the Minister of Economy and Finance in charge of the budget, Fawzi Lakjaa, dealing with the details management and support for investment in the press, publishing, printing and distribution sectors. This decision was published in Official Gazette No. 7353 – 15 Jumada al-Awwal 1446. November 18, 2024.
The decision specifies the bases on which public aid is granted to these sectors, including the approved percentages and the terms of their distribution.
According to the decision published in Official Gazette No. 7353 of 15 Jumada Al-Awwal 1446 (November 18, 2024), aid of 30% of the total cost of production and salaries was allocated to press institutions which publish periodical publications on paper and employ a publishing director and at least 12 professional journalists, or publishing institutions. It publishes electronic journals and employs a publishing director and 14 professional journalists.
The decision also set a minimum limit for establishments eligible to benefit from this support, since the cost of production and salaries must not be less than 5 million dirhams, and the number of transactions must exceed 10 million dirhams at least. during the previous year.
As for institutions which publish periodical paper publications and employ a publication director and at least 6 professional journalists, or institutions which publish electronic journals which employ a publication director and 9 professional journalists, coverage of 40% of the cost of production and wages was allocated to them, provided that the total cost of production and wages were not less than one million dirhams and that the turnover amounted to 5 million dirhams the previous year.
For small press institutions which publish periodical paper publications and employ a publication director and at least 3 professional journalists, or for electronic newspapers which employ at least 4 professional journalists, aid is allocated up to 50% of the cost of production and wages, provided that the total cost of production and wages are not less than 900 thousand dirhams, and that the number of transactions has exceeded two million dirhams during the previous year.
The decision also includes support allocated to printing and distribution companies, since 10% of the cost of printing and distribution has been allocated, provided that the cost of printing or distribution is not lower to 5 million dirhams, and that the number of transactions is not less than 5 million dirhams. more than 5 million dirhams the previous year.
Regarding the support ceiling, a maximum amount of 15 million dirhams has been set to support each press institution, while a ceiling of 6 million dirhams has been set to support printing and distribution companies. Support is divided between 80% for management and 20% for investment.
The decision also clarified the support payment mechanism, according to which the government authority in charge of communication pays the support in one go within three months following the signing of the agreement with the beneficiary companies.
Official Gazette No. 7353 – Jumada al-Awwal 15, 1446, November 18, 2024.
