Speaking at the opening of the meeting of the Council of Government, El Otmani recalled the orientations of the finance bill for the year 2021, presented to HM King Mohammed VI during the last Council of Ministers, and which focus on three main axes: accelerating the implementation of the national economic recovery plan to overcome the economic repercussions of the pandemic, deploying an exceptional financial effort to preserve jobs, generate wealth, support national investments, protect the purchasing power of citizens, as well as the consolidation of the financing of youth projects and the integration of the informal sector, said minister of National Education, Vocational Training, Higher Education and Scientific Research, Government spokesperson, Saaid Amzazi, at a press briefing held at the end of the council's meeting.
He added that El Otmani referred, in this regard, to the Sovereign’s decision to create the Mohammed VI Investment Fund, which represents an important lever for national investment.
On the social level, the head of government highlighted the generalization of universal health coverage, the pension system, family allowances and compensation in the event of job loss, which are four important social programs, on which His Majesty the King has placed particular emphasis, noting that the mechanisms for starting the implementation of these projects will be contained in the 2021 finance bill, in addition to continuing to pay attention and provide support to the social sectors, in particular those of education and health.
Moreover, El Otmani shed light on the strengthening of the exemplary nature of the State and the rationalization of the management of public institutions, by rationalizing the management of these institutions and by creating an agency to manage the contributions of the State, a mechanism that will oversee the participation of the State in public institutions and enterprises.
Amzazi added that El Otmani highlighted the importance of having these specific guidelines, noting that these procedures and details will intervene on the basis of a strategic direction and a clear roadmap, which will ensure harmony and integration between the work of government, public institutions and local authorities.
The head of government concluded that the preparation of the 2021 finance bill takes into account the persistent health, social and economic repercussions of the COVID-19 pandemic.