Middle East Economic Survey
Morocco 2007 Draft Budget Projects $1.8Bn Deficit
Moroccos 2007 draft budget projects a deficit of MD16.1bn ($1.8bn), representing 3% of GDP. Total revenues are forecast at MD131.896bn ($15.1bn), of which privatization revenues are projected at MD4.5bn ($514mn), and total expenditures at MD149.993bn ($17.14bn). The treasury special accounts budget is projected to have a surplus of MD2bn ($228.5mn), thus reducing the budget deficit...