Lower House: Adoption in Committee of First Part of 2021 Finance Bill

The Finance and Economic Development Committee of the House of Representatives (lower house) adopted, Wednesday night, the first part of the Finance Bill No. 65.20 for the year 2021.

The bill, which was the subject of a series of amendments, was approved by a majority, with 21 votes in favor and 19 against.

A total of 165 amendment proposals were presented by the various components of the House and 20 others by the government. These proposals mainly relate to the taxation aspect, the unified professional contribution and the solidarity contribution for companies and individuals.

The bill is based on three major orientations, namely the acceleration of the implementation of the recovery plan for the national economy, the launch of the first phase of generalization of social coverage and the strengthening of the bases of exemplary nature of the State and the optimization of its functioning.

A plenary session will be held this Thursday as of 2:30 p.m. for the presentation of the report of the Finance and Economic Development Committee, which will be followed by the intervention of parliamentary groups. Afterwards, the Minister of Economy, Finance and Administration Reform will answer MP’s questions.

Another plenary session will take place on Friday for the vote on the first part of the finance bill, while a second session will be dedicated to the examination and vote of the second part of this project.

Source: Agency Morocaine De Presse