An replace on the explanations behind the federal government’s AED5 billion monetary assist for the Nationwide Electrical energy and Consuming Water Authority was offered by Fawzi Lakjaa, a consultant of the Minister of Financial system and Finance in command of the price range.

Lakyaa mentioned in his responses yesterday, Monday night, to questions from parliamentarians within the Home of Councilors Finance Committee in the course of the common debate on the 2023 finance invoice that “the federal government has intervened to maintain costs down and be sure that the Nationwide Electrical energy and Consuming water continued to carry out its duties and confronted an unprecedented rise in vitality costs.

The Minister Delegate to the Minister of Financial system and Finance, in command of the price range, indicated that the assist given by the federal government to the Nationwide Electrical energy and Consuming Water Authority had saved the citizen from a rise of 75 dirhams for each 100 dirhams, including {that a} citizen who beforehand paid 100 dirhams per thirty days to cowl electrical energy payments, would have paid 175 dirhams a month if the federal government had not intervened.

And the federal government authorised in October final yr the opening of extra appropriations in favor of the overall price range of 12 billion dirhams; That is consistent with the provisions of Part 60 of the Organizational Finance Act.

And based on a decree authorised by the federal government and printed within the Official Gazette after informing the Finance Committee of each homes of parliament, 7 billion dirhams was allotted to assist sure authorities establishments and contracts whose monetary place was affected by excessive costs. uncooked supplies on worldwide markets in trade for sustaining costs for his or her providers at present ranges so as to preserve the buying energy of residents.

On this regard, the federal government has determined to assist the Nationwide Electrical energy and Consuming Water Authority with AED5 billion to assist costs and be sure that its duties proceed.

Two billion dirhams was additionally allotted to Royal Air Maroc, whose monetary scenario was affected by the closure of borders because of the brand new coronavirus pandemic and rising gas costs.

Two billion dirhams has additionally been allotted to handle the monetary sustainability of the Moroccan Pension Fund, pending the adoption of a complete reform in coordination with the social companions.

Based on Article 70 of the Structure, within the occasion of an pressing and surprising want within the public curiosity, extra appropriations could also be opened by decree inside a yr.

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