2022 finance bill: What you should know.

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“Based on the priorities of the PLF and the data of the national and international situation in connection with the evolution of the health crisis and taking into account the assumption of an average price of butane gas of 450 dollars / tonne and “an average cereal harvest of 70 million quintals, the national economy should register a growth of 3.2% in 2022”, specifies the framework note addressed to the ministerial departments.

And to note that all the measures taken in the face of the Covid-19 pandemic and the structural reforms launched have strengthened the resilience of the various economic sectors.

The national economy has indeed started to show signs of recovery at the beginning of this year, which should accelerate in the second half of 2021, following the improvement in the economic situation of the country’s main partners, the smooth running of the economy. operation of the anti-covid vaccination and the dynamic triggered by the massive return of Moroccans living abroad.

Thanks to these factors combined with an exceptional cereal harvest of 103 million quintals, the national economy should register a growth of between 5.5% and 5.8% in 2021, after the economic contraction estimated at -6.3% in 2020.

These are, according to the framework note, positive signals confirming that Morocco has entered a new phase based on an innovative vision of development based on a deep understanding of the current crisis.

This crisis paves the way for structural transformations with an impact on all levels, especially with regard to the country’s health, economic, food, energy and digital sovereignty, underlines the same source, noting that the report of the Special Commission on the Development Model (CSMD) presented to His Majesty King Mohammed VI clearly reflects this new development perspective.

In application of the High Royal Guidelines contained in the Speech from the Throne, the implementation of the New Development Model should be a priority for the government and all stakeholders in the years to come, through the adoption of the Pact. National Development Policy, as a strong moral and political commitment and a frame of reference for development principles and priorities, concludes the concept note.

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