Nabil Benabdallah: Austerity must be coupled with an economic stimulus plan

"There is no country in the world which tries to get out of crisis with only a mastery of expenses or their would be recession."

With a categorical tone he wanted to voluntarily rather more than seriously, faced with serious days, the Minister of Housing and PPS Secretary-General Nabil Benabdallah took these words to micro web media Marrance in a comment on the decision to cut the public investment budget, ordered by Abdelilah Benkirane.

Benabdallah, who is one of the leaders of the governing quadroika, said his PPS party calls for a progressive plan to deal with the crisis, married with a strict austerity plan committed to recovery of economy.

Moreover, Nabil Benabdallah told a meeting of the Central Committee of the PPS, that "We are not here just to applaud all," adding that there are several attempts to derail the experience of the current government.

He noted that the current political battle is a clash between those who work for reform, change and the fight against corruption and those who want to preserve their interests, positions and benefits from which they benefit.

Benabdallah went further in advocating an overhaul of the tax regime in Morocco with the key measure imposing a tax on agriculture.

Benabdallah added that he opposed any price liberalisation or removal of the Compensation Fund, and called for the recovery of aid granted to corporations and the wealthy.