The Minister of Economic system and Finance, Nadia Fettah, introduced on Monday that the Intelaka program has financed 58,368 tasks with a funds of round 39 billion dirhams (MMDH).
Responding to an oral query within the Home of Representatives on “The position of banks in selling funding”, Ms. Fettah harassed that the tempo of financial institution loans for funding elevated by 10% in 2023 and three.5% within the first quarter of 2024. On this regard, she emphasised the significance of the “main reform” of the “Tamwilcom” firm and its proposed affords to ensure financing and cut back dangers by as much as 80%.
The minister additionally affirmed the “dynamics and solidity” of the Moroccan banking sector, noting that Financial institution Al-Maghrib helps Moroccan banks by offering them with the mandatory monetary liquidity.
Moreover, in response to a different query regarding “Fee deadlines for money owed owed by the State and native authorities to the personal sector”, Ms. Fettah indicated that the entire of those money owed fell from 18 billion dirhams in 2018 to 11.88 billion dirhams on the finish of March 2024.
LNT with MAP
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– 2024-07-23 11:03:40
