Morocco's fiscal receipts up by end of July 2003
Morocco, Economics, 10/4/2003

Morocco's fiscal receipts scored by end of July 2003 a 5.7% rise with 50.82 billion dirhams ($ 5 billion) in comparison with the same period last year (48 billion dirhamsor $ nearly 4.8), the department of general economic policy (DPEG) said.

Fiscal receipts were boosted by direct taxes which went up from 18.8 billion dirhams to 20.7 billions ("10%) and indirect taxes receipts which increased from 18.8 billion dirhams in 2002 to 20 Bln this year ("6.6%), the source explains.

In the same period, customs duties fell by 10% to settle around 6.45 billion dirhams (nearly $645 million).

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