Alcoholic drinks pump MAD619 million into the Treasury of Morocco within 6 months

Taxes imposed on the consumption of alcohol and beer amounted in the first half of the current year to about MAD 619 million.

The Revenues for beer consumption by Moroccans amounted to about MAD 303 million at the end of June, and are expected to reach about MAD 800 million at the end of the year.

The fees imposed on wine and alcohol amounted to MAD 316 million, while the government expects to reach MAD 651 million at the end of the year according to data published by the General Treasury of The Kingdom.

Soft drinks also contribute to supporting the treasury of Morocco in terms of taxes. Its resources at the end of June amounted to MAD 206 million, and it is expected to reach MAD 450 million for the whole year.

As for the fees imposed on tobacco consumption, revenues reached MAD 5.2 billion, while the 2021 Finance Law expects it to reach MAD 11.2 billion at the end of the year.

Corporate taxes are among the most important state resources It generated MAD 22.6 billion in the first half of the current year, and is expected to rise to MAD 38.6 billion at the end of the year.

The income tax greatly supports the state budget its revenues were in the range of MAD 24.3 billion at the end of last June, and according to the expectations of the 2021 Finance Law, it will rise to MAD 40 billion at the end of December.

The total resources of Morocco at the end of last June amounted to about MAD 228 billion as for total expenditures, it was in the range of MAD 230 billion, according to the General Treasury of The Kingdom.