The government succeeded in implementing most of its obligations before the end of the midterm.

Agadir 24 | Agadir24

Prime Minister Aziz Akhannouch confirmed today, Wednesday, May 8, 2024, in the House of Representatives, that the government succeeded in implementing most of its obligations before the middle of the term.

Akhannouch explained, while commenting on the interventions of the parliamentary teams and group, during the session discussing the government’s interim outcome, that the latter included 40 commitments in its government program, most of which it succeeded in implementing, noting that the most recent achievement was the signing of the April Social Dialogue Agreement on the eve of May 1.

The Prime Minister reviewed the gains achieved at the social level, including protecting the purchasing power of citizens, through an increase in the wages of workers in the public and private sectors, and a 20 percent increase in the minimum wage in non-agricultural activities (SMIG) and a 25 percent increase in the minimum wage in agricultural activities ( SMAG), as well as direct support for housing, and support for stabilizing electricity and transportation prices.

He stressed that the various social programs, whether compulsory sickness insurance, direct social support, or housing support, which the government introduced at the beginning of its term, as part of a proactive look and an ambitious strategic vision of His Majesty King Mohammed VI, are working to ensure their financial sustainability over the next ten years.

In this regard, he revealed that the resources of the Social Solidarity Fund (Amo-Solidarity) are increasing, while direct support expenditures will stabilize at 38 billion dirhams starting in 2026, indicating that the increase in budget resources will allow covering the allocations for social dialogue, which will cost in total as additional expenditures by 2026. More than 44 billion dirhams.

Akhannouch explained that ensuring the sustainability of social programs will come thanks to the government’s development of the state’s financial resources as a direct result of good management of public finances and activating the requirements of the framework law for fiscal reform, pointing out that regular resources, in close connection with fiscal resources, rose to regarding 325 billion dirhams in 2023, an increase of approximately An additional 100 billion dirhams compared to 2020.

The Prime Minister highlighted that 70 percent of Moroccan families have benefited from the government program measures, stressing that the government measures, especially following the recent social agreement, have a tangible impact on the daily living of most families.

He also highlighted the government’s success in controlling the inflation rate, which reached 9.1 percent in the first three months of 2023, before falling to 1.2 percent in 2024, noting that this decline was due to government programs that concerned the agriculture and transportation sectors.

On the other hand, the Prime Minister recorded that the bet is today on creating job positions authorized by Social Security, guaranteeing employees and their families all their legitimate social rights. In this context, he reviewed digital indicators indicating that the government has succeeded in the past two years in creating more than 621,000 positions. Fill.

Regarding the field of investment, the Prime Minister recorded that, due to the recovery of the national economy last year, the improvement in the attractiveness of the business climate, and the stability of interest rates among economic partners, “the beginning of the year 2024 carries very positive signs, as revenues from direct foreign investments recorded a noticeable improvement by 25 percent during the first months.” From the year 2024 compared to the same period last year.