فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
In a press conference held on Thursday, January 9, 2025, Mustafa Baitas, the government spokesperson, shared preliminary results regarding the implementation of the 2024 Finance Law. He highlighted positive indicators, reaffirming that the government is on track with the financial reforms it has recently undertaken.
Baitas reported that the budget deficit for 2024 has stabilized at 4%, marking a decrease compared to 2023. This figure reflects the government’s commitment to reducing the deficit and maintaining financial stability, as the deficit in the previous year was also 4%.
He attributed the control of the deficit to several key factors, particularly the improvement in ordinary revenues, which increased by 47.4 billion dirhams, or 14.6% compared to 2023. This brought the total of ordinary revenues for 2024 to 371.6 billion dirhams.
Baitas also emphasized the continuous increase in tax revenues, with a total rise of 35.9 billion dirhams, reflecting a 13.6% increase compared to the previous year. He explained that this growth was primarily driven by improvements in several types of taxes, especially the value-added tax (VAT), which increased by 12 billion dirhams. Of this increase, 6 billion dirhams came from VAT on imports, while the other 6 billion dirhams were from local VAT.
Additionally, Baitas noted that the income tax had risen by 1 billion dirhams, while corporate tax increased by 8 billion dirhams. Consumption tax saw an increase of 3.7 billion dirhams, registration fees went up by 1.5 billion dirhams, and customs duties grew by 1.4 billion dirhams.
source : fesnews media
