Moroccan Government Outlines Major Priorities in 2019 Finance Bill

Head of Government Saad Eddine El Othmani published an explanatory note to the 2019 Finance Bill on Wednesday, August 15, in which he listed major sectors and programs that will be central in Morocco’s budget in 2019.

According to El Othmani’s explanatory note, the government will provide conditions to promote the economy and support investment and entrepreneurship, as they are among priorities in the draft law.

One of the concerns of the government, El Othmani said, is to accelerate the pace of industrialization and achieve the objectives set out in the industrial acceleration plan.

The government plans to carry out industrialization by increasing the industrial sector’s contribution to gross domestic product, attracting foreign investment, and reducing the trade deficit. The government will also select projects to improve living conditions for the population, especially those in remote areas.

In this regard, the government will complete the preparation of the national water plan and take measures to deal with emergency situations, in particular the shortage of drinking water. The government also hopes to develop alternative energies.