Addressing the assembly during the assessment of the government’s performance, Akhannouch highlighted that out of the 40 commitments outlined in the government’s agenda, a significant portion has been honored. Notably, the recent accomplishment includes the signing of an agreement on social dialogue on the eve of May 1st.
The government chief elaborated on the strides made in the social sector, emphasizing measures aimed at safeguarding citizens’ purchasing power. These measures include salary increases for both public and private sector employees, a 20% raise in the minimum wage for non-agricultural activities, and a 25% increase for agricultural activities. Additionally, direct assistance has been extended for housing, alongside efforts to stabilize electricity and transportation prices.
Continuing his address, Akhannouch outlined ongoing efforts to ensure the financial sustainability of various social programs initiated by the government. This encompasses initiatives such as mandatory health insurance, direct social assistance, and housing support, all part of a proactive approach aligned with the strategic vision of HM King Mohammed VI.
In addition, he further highlighted positive trends in financial resources, with the social cohesion support fund witnessing an increase. He projected that direct aid expenditures would stabilize by 2026, with a significant portion allocated to cover expenses for social dialogue.
In terms of fiscal management, Akhannouch stressed the importance of enhancing state financial resources through prudent public financial management and fiscal reforms. He cited a substantial increase in tax revenues from 2020 to 2023, indicating a positive trajectory.
Moreover, he underscored the tangible impact of government measures on Moroccan families, estimating that 70% have benefited from the programs. He also noted a significant reduction in inflation, attributing it to focused government interventions in key sectors.
Concluding his address, Akhannouch emphasized the importance of creating formal employment opportunities registered with the National Social Security Fund. He lauded the government’s success in creating over 621,000 job positions in the past two years. In terms of investment promotion, Akhannouch highlighted a notable 25% increase in foreign direct investment compared to the previous year, signaling positive economic prospects for the nation.
