State generates 1 billion dirhams from Alcohol in 2021

State generates 1 billion dirhams from Alcohol in 2021
Monday 14 February 2022 - 20:02

The State generated in 2021 one billion dirhams from alcohol duties, which is 200 million more than expected.

The significant increase exceeds the official expectations included in the 2021 Finance Law.

According to the report on the implementation of the Finance Law last year, the revenues of the fees imposed on alcohol and liquor amounted to about 810 million dirhams, compared to the expected 651 million dirhams.

Revenues from fees imposed on soft drinks and lemonade also recorded an increase during 2021, reaching about 504 million dirhams, against the expected 450 million dirhams.

Meanwhile, the tax imposed on manufactured tobacco generated revenues of about 11.7 billion dirhams, against expectations of 11.2 billion dirhams.

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