The budget deficit narrowed during the first three months of this year, following an increase in ordinary revenues much faster than that of ordinary expenditure. Ordinary revenue has indeed accelerated by 21.1% and ordinary expenditure by 16.1% at the end of March, according to the monthly bulletin of public finance statistics published by the General Treasury of the Kingdom (TGR). On the basis of these receipts collected and expenses issued, the execution of the finance law at the end of March showed a negative ordinary balance of 176 million DH against a negative ordinary balance of 2.83 billion DH a year earlier and a Treasury deficit of 2.1 billion, taking into account a positive balance of 20 billion generated by the special accounts of the Treasury and the State services managed independently, against a Treasury deficit of 8 billion at the end of March 2021 .
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