This drop results from the drop in customs revenue by 12.4% and in domestic taxation by 4.4%, explained the TGR in its recent monthly bulletin of public finance statistics.
Net customs receipts (customs duties, import VAT and ICT on energy products) were 40.96 billion dirhams at the end of September 2020 against 46.79 billion MAD a year earlier, down 12.5% or -5.83 billion dirhams compared to their level at the end of September 2019, taking into account refunds, deductions and tax refunds of 81 million dirhams at the end of September 2020, said the same source.
The bulletin also highlights that the net receipts achieved under domestic taxation stood at 96.6 billion dirhams at the end of September 2020 against 100.3 billion dirhams at the end of September 2019, a drop of 3.7% or -3.72 billion MAD, taking into account the refunds, tax reliefs and tax refunds supported by the general budget which amounted to 5.03 billion dirhams at the end of September 2020 against 5.96 billion dirhams a year earlier. Gross domestic tax revenues were 101.6 billion dirhams by the end of September 2020.
In addition, non-tax revenue stood at 34 billion dirhams against 23 billion dirhams a year earlier, up 48.2% or +11.1 billion dirhams, due in particular to the increase in payments from special treasury accounts for the benefit of the general budget (18.1 billion dirhams against 3.7 billion dirhams) and assistance funds (4.40 billion dirhams against 571 million dirhams), combined with the decrease in monopoly revenues (7.86 billion dirhams against 8.62 billion dirhams), privatization receipts, debt reduction receipts (1.32 billion dirhams against 1.980 billion dirhams) and the gas pipeline fee (296 million dirhams against 744 million dirhams).