2015 appropriation draft bill is not an austerity budget, says finance minister
Rabat - The appropriation draft bill for 2015 is not an austerity budget and does not include any cuts or new taxes, said Thursday in Rabat minister of Economy and Finance Mohamed Boussaid.
Source : https://www.emouaten.com/english/2015-appropriatio...
"The 2015 finance draft bill is not an austerity budget and does not provides for new taxes or cuts", Boussaid told journalists at a press briefing dedicated to the presentation of the draft bill.
On the contrary, added the minister, "the public investment budget increased to reach 189 billion dirhams compared to 186.6 billion dirhams in 2014".
The public investment budget is expected to reach 189 billion dirhams, including more than 2.4 billion dirhams to strengthen the general budget investment (54 billion dirhams), he pointed out, noting that public investments will focus on accelerating projects related to the improvement of the living conditions of citizens.
These funds concern large-scale infrastructure projects and sectorial development strategies aimed at diversifying productive sectors, creating jobs and boosting export capabilities.
On the contrary, added the minister, "the public investment budget increased to reach 189 billion dirhams compared to 186.6 billion dirhams in 2014".
The public investment budget is expected to reach 189 billion dirhams, including more than 2.4 billion dirhams to strengthen the general budget investment (54 billion dirhams), he pointed out, noting that public investments will focus on accelerating projects related to the improvement of the living conditions of citizens.
These funds concern large-scale infrastructure projects and sectorial development strategies aimed at diversifying productive sectors, creating jobs and boosting export capabilities.
Source : https://www.emouaten.com/english/2015-appropriatio...