House of Representatives Adopts with Majority Appropriation Bill 2020
The House of Representatives adopted, on Thursday, with a majority, the appropriation bill for the year 2020.
The bill was approved by 146 MPs, while 60 others rejected it.
Through this bill, the government aims to achieve a growth rate of around 3.7%, contain inflation below 2% and preserve financial balances by limiting the budget deficit to 3.5%.
The appropriation bill gives priority to continuing support for social policies and programs, reducing social and spatial disparities, speeding up the implementation of regionalization, boosting investment and supporting business through a series of measures meant to restore confidence, encourage entrepreneurship and promote youth employment and professional integration.
Responding to statements by parliamentary groups and groupings at the House of Representatives during a plenary session on Thursday devoted to the review of the provisions of the 2020 appropriation bill, minister of Economy, Finance and Administrative Reform, Mohamed Benchaâboun, said that the government has ensured positive interaction with the amendments presented, both by the majority and the opposition, in order to make the 2020 bill a prelude to a new phase in the Kingdom’s development process.
The government has also ensured positive interaction with the remarks, questions and criticisms of MPs by providing them with oral and written answers with supporting figures, he said.
Of the 271 proposed amendments to the first part of the bill, 65 were withdrawn, i.e. 24% of the total, noted the minister, adding that of the remaining 206 amendments, 74 were accepted (including about 40% from opposition groups).
The 2020 bill will be submitted to the House of Advisors for review and approval. In accordance with Article 49 of Organic Law No. 130.13 on the appropriation bill, the upper house should decide on the draft budget law within 22 days of its filing date.
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