The House of Representatives (Lower House) adopted, on Tuesday in Rabat, in second reading, the appropriation bill No. 65.20 for the year 2021.
The bill was approved by a majority of 61 deputies and rejected by 36 during a plenary session chaired by Habib El Malki, Speaker of the Lower House.
Earlier in the day, the Finance and Economic Development Committee adopted this bill with a majority of 20 representatives and the opposition of a seven members, in a second reading, following its adoption last Friday by the House of Advisors.
Following the meeting, president of the Finance and Economic Development Committee, Abdellah Bouanou, said that only one amendment proposal out of 25 was rejected by the Lower House.
The amendment touched on increasing customs duties on polyester fiber from 2.5% to 17.5%, he said, noting that related discussions stressed the importance of protecting the national product and the purchasing power of the consumer as well as the opening of investment.
The 2021 appropriation bill is based on three major guidelines, namely the acceleration of the implementation of the recovery plan for the national economy, the launch of the first phase of the generalization of social coverage and the strengthening of the bases of exemplary nature of the State and the optimization of its functioning.
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