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FinancialNews


  • 23-10-18

    Morocco to boost public services 2019 funding

    (MENAFN) Morocco's government reached a resolution to boost its financing for public services in its 2019 draft budget.

    The Moroccan government is aiming through its decision to see a decline in social differences while the country suffers from unprecedented demonstrations.

    The draft budget for next year was revealed to be setting aside a huge amount of funds to areas including education, health services, and vulnerable social portions.

    The government of Morocco decided to allocate next year USD6.8 billion for education, a USD540 million boost from this year's budget.

    The government will also invest USD1.63 billion in the health sector, a USD160 million surge compared to this year.

    The government's budget is also ready to set aside USD1.76 billion on subsidies of wheat, cooking gas and sugar, a USD465 million compared to this year.

    MENAFN2310201800450000ID1097606138

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