Speaking at the monthly session dedicated to general policy issues at the parliament, El Otman said that the government gives priority to local products, stressing that the substitution plan targets key sectors and that a share of production could be destined for export.
He highlighted, in that regard, the creation of a first bank of projects focused on the sectors of textiles, transport, mechanical, metal, plastics, electrical, electronic, foodstuff and semi-chemical industries and many others, while providing the necessary support to entrepreneurs.
The Head of Government stressed the importance of turning the Kingdom into a low-carbon industrial platform, while mobilizing a share of renewable energy to meet the energy needs of the industrial fabric at lower cost.
The 2021 finance bill, submitted to Parliament, provides an array of fiscal, customs, financial and other measures to boost the national economy and promote employment, he noted.
On this occasion, he presented the measures of the national economic recovery plan, including the support of the public investment effort which is to record an unprecedented level in the 2021 budget, reaching DH 230 million (a 26% increase compared to 2020).
El Otmani added that special attention is given to social sectors, the citizens' needs and the education's budget, which should record an unprecedented increase between 2020 and 2021.
On supporting the health sector, the Head of Government said that the budget for this sector will amount to about DH 23 Bln for the year 2021, representing about 7% of the general public budget.
On the support for the social protection system, El Otmani mentioned the generalization of compulsory health coverage in the near future for the benefit of 22 million Moroccans, adding that it was decided to create about 40,000 public jobs.