DR ‹ › «Tax revenues are projected to soar to 366 billion dirhams by 2026, a significant leap from 199 MMDH in 2020», announced Mustapha Baitas, the Minister Delegate in charge of Relations with Parliament and government spokesperson, on Thursday. During a press briefing following the government council meeting, he explained that tax revenues have surged by approximately 160 MMDH. This increase has empowered the government to roll out several key initiatives, including the universalization of social protection (41.5 billion dirhams for 2026), direct social aid (29 billion dirhams), contributions related to AMO Tadamon (9.5 billion dirhams), social dialogue efforts (over 47 billion dirhams by next year), and a housing support program (10 billion dirhams). On the topic of public investment, Baitas highlighted a rise from 230 billion dirhams in 2021 to 380 billion dirhams in 2026. Around 107 billion dirhams have been allocated between 2022 and 2025 to bolster citizens' purchasing power. This includes subsidies for essential items like butane gas, sugar, and flour, support for institutions such as the National Office of Electricity and Drinking Water, and increased budgets for the health and education sectors, reaching 140 billion dirhams by 2026. The minister emphasized that these reforms have successfully met their objectives and adhered to the recommendations of the National Tax Conference. They have also provided substantial financial leeway for the government to execute major projects and initiatives, all while fostering greater tax equity.
