Mr. Akhannouch: 13 billion dirhams will be injected to pay VAT dues to support businesses to withstand the crisis

The Head of Government, Mr. Aziz Akhannouch announced Monday in Rabat that 13 billion dirhams will be injected to pay VAT dues starting next December, in order to enable companies to have important liquidity in their treasury, in order to withstand the crisis. In response to a pivotal question during the monthly policy session of the House of Representatives on the subject of "The Government's Action Plan to Promote the Building of the Social State", Mr. Akhannouch said that "the government commits, starting from this year, Liquidating the accumulated VAT debt for the benefit of private sector companies. Starting next December and before the end of the first quarter of 2022, 13 billion Dirhams will be injected to pay VAT dues so that enterprises, especially small and medium-sized enterprises, can have significant liquidity in their treasury, in order to withstand the crisis, and engage in the dynamic of value-added creation and job opportunities."
Mr. Aziz Akhannouch explained that the government is adopting specific measures, including the development and implementation of an urgent policy to accompany those excluded from the labor market, and the rapid rescue of companies in a difficult situation. Total public investment for 2022 is expected to reach 245 billion dirhams, thanks to the creation of the Mohammed VI Investment Fund, he said.
Mr. Akhannouch revealed that the government program included a set of commitments indicating the social dimension of the future public policies, which can be deduced through the ten commitments of the government, pointing in this regard, in particular, to the creation of one million net jobs over the next 5 years, the activation of universal social protection, the removal of one million families from the cycle of poverty and fragility, the protection and expansion of the middle class, the provision of economic and social conditions for the emergence of a middle class in the rural world, and the universalization of primary education for the benefit of all children starting from the age of four with the establishment of permanent and effective governance for quality control; and the reduction of social and spatial disparities.
He pointed out that the action plan for 2022 also includes a commitment to the timetable set by the Throne Speech, enabling vulnerable and poor groups currently subject to the RAMED system to have sickness insurance, enabling them to access the public and private sectors, with the same basket of treatments for private sector workers. He added that the government, since the first days of its inauguration, has taken the initiative to quickly roll out compulsory basic health insurance, where 3.4 million citizens and citizens of the category of non-wage earners, and those with rights associated with them, will benefit from compulsory health insurance for the disease.