Tax reform: Lekjaâ takes stock
The tax reform has borne fruit. Tax revenue increased from DH199 billion in 2020 to DH299 billion in 2024 thanks to the implementation of the tax reform, the Minister of Economy and Finance’s delegate in charge of the budget, Fouzi Lekjaa, announced in Rabat on Monday.
Responding to questions about the “assessment of the implementation of tax reform” in the House of Representatives, the ministerial delegate said the DH100 billion increase recorded during this period was entirely intended for financing social programs. In this sense, he emphasized that these funds made it possible to finance social dialogue to the tune of DH44 billion, direct assistance to the tune of DH35 billion and the coverage of health insurance contributions to the amount of DH19.5 billion. Lekjaâ also stated that average annual sales growth reached 11%, noting that corporate tax (IS) revenue increased from DH48.8 billion to DH70 billion in 2024, while value added tax (VAT) revenue increased .) rose from 56 billion DH to over 89 billion DH, an increase of more than 59%.
Income Tax (IR) recorded a notable increase from DH40 billion to DH59.6 billion, an increase of 49%, due to “the expansion of the tax base, particularly for income not linked to salaries, “especially those that come from independent economic activities,” said the minister.