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News: Headlines from the Moroccan Press: Saturday, November 16, 2019

LE MATIN DU SAHARA
The councillors of the second House have 22 days to examine and adopt this text: The 2020 Finance Bill crosses the threshold of the House of Representatives:
The House of Representatives adopted, Thursday evening by a majority, the Finance Bill (PLF) for the year 2020. The text was approved by 146 MPs, while 60 others opposed it. Mohammed Benchaâboun, Minister of Economy, Finance and Administrative Reform, who responded to the interventions of the parliamentary groups during the general discussion on this text, first welcomed the serious spirit and great mobilisation of the deputies, both from the majority and the opposition, during the debate on the text...

Poverty reduction: The World Bank supports the establishment of targeted assistance mechanisms:
The Vice-President of the World Bank Group for the Middle East and North Africa region, Ferid Belhaj, stressed in Rabat on Thursday the importance of setting up new mechanisms to assist vulnerable populations through effective targeting. During a meeting with the Moroccan press, in the presence of the director of the Maghreb and Malta department, Jesko Hentschel, Mr. Belhaj commended the significant progress made by Morocco in the Doing Business ranking...


LIBERATION
New recourse to international borrowing:: A suffocated development model added to an exaggerated mode of debt, brings food for thought:
There are debts and more debts! This is the recipe that seems to have been preferred by Morocco in recent years to meet its foreign exchange needs. An international loan of approximately 1 billion dollars has just been issued by the Kingdom. In this context, four international banks (BNP Paribas, Barclays, J.P.Morgan and Natixis) were charged with organising meetings with international investors...

The House of Representatives unanimously adopts the 2020 Finance Bill (PLF):
On Thursday evening, the House of Representatives adopted by a majority the Finance Bill (PLF) for the year 2020. The 2020 Finance Bill was approved by 146 MPs, while 60 others opposed it. Through the 2020 PLF, the Government aims to achieve a growth rate of around 3.7%, contain inflation below 2% and preserve financial balances by limiting the budget deficit to 3.5%...