House of Representatives: Adoption in Committee of First Part of Amended Finance Bill

Rabat - The Finance and Economic Development Committee of the House of Representatives adopted, on Sunday, the first part of the Amended Finance Bill No. 35.20 for the year 2020.

The bill, which was the subject of a series of amendments, was approved by a majority, with 22 votes in favor and 10 against.

The Amended Finance Bill is meant to guarantee the support mechanisms necessary for the gradual recovery of economic activity and to preserve employment by putting in place practical measures to improve the efficiency of the administration, based on three fundamental pillars, namely, supporting the gradual recovery of the economy, preserving employment and speeding up the implementation of administrative reforms.

The House of Representatives will hold two plenary sessions on Monday to discuss and vote on the first part of this Bill.