Rabat – The 2012 appropriation bill draft lays provisions for public investments totaling 188
billion dirhams versus 167 billion dirhams last year, Minister Delegate to the Economy Minister in charge of the budget Driss Azami Al-Idrissi said.
The increase of public investments mirrors the government’s will to elaborate new projects as part of preserving the macroeconomic balance with a view to slashing the deficit by 3% by the year 2016 against 5% currently, Azami Al-Idrissi told Arabic-speaking paper “Al Ittihad Al Ichtiraki”.
The appropriation bill draft earmarks 2 billion dirhams for the Social Solidarity Fund which is financed by the State and leading enterprises, he noted.
The government has allocated 1 billion dirhams to train jobless graduates with the aim of promoting employment in the private sector, he went on, saying that the appropriation bill draft provides for 26,000 jobs in the public sector.
One billion dirhams will be devoted to rural development, he concluded.
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