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Morocco : Chamber of Councillors approves first part of 2025 Finance Bill

(with MAP)
DR
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At a plenary session on Thursday, the Chamber of Councillors adopted the first part of the Finance Bill (PLF) 60.24 for the 2025 financial year, as amended, by majority vote. A total of 48 councillors voted in favor, 7 voted against, and 9 abstained.

The session was attended by Fouzi Lekjaa, the Minister Delegate to the Minister of Economy and Finance, in charge of the budget. The House of Councillors received 231 proposed amendments to this part of the PLF, of which 66 were accepted, 55 rejected, and 110 withdrawn.

According to the Finance, Planning, and Economic Development Committee's report, the proposed amendments primarily focused on taxation (177), followed by customs (27), and other miscellaneous issues (27).

During Wednesday’s general discussion of the PLF 2025, Fouzi Lekjaa emphasized that the bill is based on hypotheses derived from precise technical and scientific data. He highlighted that over 100 billion dirhams have been allocated for social dialogue, medical coverage, direct social assistance, housing support, and rehousing slum dwellers.

The government has voluntarily allocated approximately 10% of GDP to improving the incomes of vulnerable social groups and the middle class, reflecting its commitment to strengthening the social state, he added.

Regarding social dialogue, Lekjaa noted that the government allocated around 45 billion dirhams, resulting in significant salary increases, including 3,800 dirhams for doctors, 3,000 dirhams for higher education teachers, and increases ranging from 1,500 to 4,800 dirhams for civil servants in the Ministry of Education.

On the exemption of pensioners from income tax (IR), he emphasized the importance of this reform, which benefits a category that has dedicated its life to serving the nation in both the public and private sectors. He specified that the financial impact of this measure amounts to 1.2 billion dirhams.

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