Local communities achieve a positive balance of about one billion dirhams with lower debt repayment rates.
The Kingdom’s public treasury announced a total surplus of around AED 991 million at the end of January 2023, compared to the AED 587 million surplus recorded a year earlier, as evidenced by the state of burden and resources of the territorial communities. .
The Treasury said in its monthly Domestic Financial Statistics Bulletin for January that this surplus takes into account a surplus of AED 18 million resulting from special accounts and additional budgets aimed at covering expenses payable during this period. year.
The same source stressed that in terms of the regular income of the territorial collectives, they amounted to 1.9 billion dirhams, an increase of 27.8 percent compared to the end of January 2022, due to an increase in remitted income by 20.1 percent, and the state. administrative income by 40.4%, and income managed by territorial teams amounted to 37.3%.
The State Treasury of the Kingdom also reported that the distribution of revenues of the main budgets of territorial entities by region showed a strong concentration at the level of 6 regions, which account for 74.8 percent of these revenues.
Thus, the income of the Casablanca-Settat region (396 million dirhams) is 21.2 percent of the total income of territorial entities, and the Rabat-Sale-Kenitra region came in second place with 12.7 percent of income. Gold 0.8%.
On the other hand, the Kingdom’s General Treasury reported that the total expenditures of the territorial authorities (regular expenditures, investment expenditures and principal repayments) amounted to more than 918 million dirhams, up 2.6 percent from its level at the end of last year. January 2022, emphasizing that it consists of 95.3% of regular expenses.
As of the end of January 2023, the regular expenditures of the territorial authorities amounted to AED 875 million, down 0.1 percent due to a decrease in staff costs by 0.8 percent and interest on debt by 38.5 percent, combined with an increase of 47. 8 percent in spending on other goods and services.
The distribution of expenses of territorial entities by regions shows a strong concentration at the level of six regions, which account for 76.6% of these expenses.
Spending in the Casablanca-Settat area (AED 202 million) accounts for 22.5 percent of the total spending of the territorial units, and spending in the Dakhla Oued Ed Dahab area accounts for 1 percent of the total spending.