Public Finances Statistics’ monthly Bulletin Mai 2024 -

• An increase in ordinary revenue of 13.6% resulting from the increase in direct taxes of 12.7%, customs duties of 13.5%, indirect taxes of 12.8%, registration and stamp duties of 4.9% and non-tax revenue of 26.2%.
• A decrease in overall expenditure of 1.4% resulting from the decrease in expenditure on goods and services of 0.6% due to the increase in personnel expenditure of 3.5% and the decrease in expenditure on other goods and services of 7%, the increase in debt interest charges of 14.6%, tax refunds and rebates and refunds of 3.5% and of 1.9% of investment expenditure, combined with the decrease in expenditure emissions under compensation of 49.5%.
• A positive ordinary balance of 14.9 billion dirhams and a budget deficit of 11.2 billion dirhams.