This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba Press – Rabat
The first president of the Supreme Accounts Council, Zainab Al-Adawi, highlighted the need to address a number of risks that threaten the public finance budget.
Al-Adawi said on Wednesday during his presentation on the work of the Supreme Accounts Council for the year 2023-2024: “Regarding public finances, the Council has recorded certain risks that must be taken into account in the short and medium term, given the growing pressures and the pace of implementation of certain planned reforms.
These risks, according to Al-Adawi, are represented by the exacerbation of the problem of financial stress, which requires significant urgent investments estimated at 143 billion dirhams for the period 2020-2027, and the general rehabilitation of the Al region. Haouz, which requires significant financial resources to finance reconstruction programs and help people affected by the earthquake, with related expenses exceeding 9.5 billion dirhams until the end of October 2024.
The major reforms initiated by our country are also continuing, in particular the reform of the social protection system, which is expected to cost 53.5 billion dirhams when all social protection mechanisms are activated in 2026, adding that the rehabilitation of sports and tourist infrastructures , communication and transport Preparing for Morocco’s organization of the African Cup of Nations and the 2030 World Cup requires mobilizing significant financial resources to finance these important investments.
