Morocco: The House of Councillors adopts the 2015 Finance Bill
19 December 2014
Read by 1724 persons
The 2015 Finance Bill was adopted on Tuesday, December 16, 2014, by the House of Councillors, by a majority vote with 62 in favor and 5 against, while 55 councilors abstained.
The hypotheses of the 2015 Finance Bill are a growth rate of 4.4%, a budget deficit of 4.3% of GDP, an average oil price of 103 dollars per barrel with an average butane gas price of 804 dollars per tonne and an exchange rate of 8.6 dirhams/dollar, a reduction in the balance of payments deficit to 6.7% and the creation of 22,000 jobs.
The project aims in particular at improving the competitiveness of the national economy, promoting private investment, supporting businesses, accelerating major structural reforms, implementing regionalization, reducing social and spatial inequalities, and promoting employment.
Lavieeco.com
Published on December 17, 2014.
Posted online on December 19, 2014.
The hypotheses of the 2015 Finance Bill are a growth rate of 4.4%, a budget deficit of 4.3% of GDP, an average oil price of 103 dollars per barrel with an average butane gas price of 804 dollars per tonne and an exchange rate of 8.6 dirhams/dollar, a reduction in the balance of payments deficit to 6.7% and the creation of 22,000 jobs.
The project aims in particular at improving the competitiveness of the national economy, promoting private investment, supporting businesses, accelerating major structural reforms, implementing regionalization, reducing social and spatial inequalities, and promoting employment.
Lavieeco.com
Published on December 17, 2014.
Posted online on December 19, 2014.
