فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
During the weekly oral questions session held yesterday, December 30, 2024, in the House of Representatives, the Minister of Economy and Finance presented a detailed update on the Housing Support Program aimed at assisting Moroccan families in acquiring their primary residences. She emphasized the government’s ongoing efforts to achieve the program’s stated objectives.
At the start of her address, the Minister highlighted that the program enjoys the Royal patronage and was launched in October 2023 under the leadership of His Majesty King Mohammed VI. The government aims to provide direct financial support to Moroccan families. According to the Minister, as of December 27, 2024, the government had received 125,280 applications, with 111,569 initially approved, while 33,565 applicants had completed the registration process.
The Minister further noted that 42% of the beneficiaries are women, while 22% are Moroccans residing abroad. She expressed optimism about the program’s future, emphasizing its steady progress and the anticipated increase in the number of beneficiaries in the coming months.
In response, a Member of Parliament criticized the disparity between the government’s announced targets and the program’s current performance. Despite the government’s commitment to supporting 110,000 families annually, only 3 billion MAD of the 9.5 billion MAD budget has been allocated so far. The MP also highlighted that the program focuses on just three main regions, with 65% of the support directed toward housing priced above 300,000 MAD.
The MP suggested that genuine success would require additional financial measures, such as lowering bank interest rates for beneficiaries and providing direct support to financially vulnerable families. Drawing from international experiences, he argued that supporting these groups could significantly reduce housing deficits, a goal the program has yet to fully achieve.
In her response, the Minister reaffirmed the government’s commitment to its promises and emphasized that the program would continue into 2025. She also cited improvements in cement sales and increased property contract registrations as indicators of growth in the construction sector, fueling optimism about the program’s future success.
Concluding the session, the Minister called for allowing the program more time for full evaluation, reiterating the government’s dedication to addressing the challenges raised by the MP.
source : fesnews media
