Fiscal Year 2019

Technical Assistance

Public Financial Management (May 29–June 1, October 22-31, 2018 and March 14-22, 2019)

Building on its regional workshop on public enterprises and fiscal risks (February 2018), METAC organized a national workshop for the Directorate of Public Enterprises and Privatization (DEPP in French) to (i) present international standards, best practices, and experiences in identifying, monitoring, and managing fiscal risks related to public corporations and (ii) discuss their possible transposition in the Morocco context, where public enterprises play a key role in public investment and benefit from significant budgetary transfers. The discussions and international comparisons highlighted the strengths of the DEPP’s monitoring of public enterprises and the potential benefits of a strengthened and systematic risk-based management of the fiscal risks arising from their activities. They also helped the DEPP to identify a set of actions to be developed in the context of their Strategic Action Plan for 2017-21.

In Morocco, public enterprises are instrumental in the implementation of the national development plan; they execute about 60 percent of public investment. Building on METAC’s regional workshop on public enterprises and fiscal risks, and the follow-up above, a joint METAC- FAD mission assisted the authorities in further strengthening the control and disclosure of fiscal risks arising from public enterprises and PPPs. METAC also provided expertise on fiscal risks and oversight related to investment projects executed by public enterprises.

Following the 2017 PIMA, this activity supported the Direction des Entreprises Publiques et de la Privatisation (DEPP) in assessing and managing the fiscal implications of Public Private Partnership (PPPs), including identifying the appropriate institutional framework. The tasks focused on developing a common understanding of various aspects related to PPPs management within the DEPP, and providing training on the PPP Fiscal Risk Assessment Model to strengthen the DEPP’s current risk assessment methodology.

Revenue Administration (Ocotber 29-November 13)

METAC resident revenue advisor participated in a joint IMF Fiscal Affairs Department (FAD)-METAC assessment of the tax administration, using the Tax Administration Diagnostic Assessment Tool (TADAT). The assessment identified strengths and weaknesses in all relevant issues pertaining to the collection of major taxes, created a baseline for measuring reform progress over time, and provided the authorities with input for determining future technical assistance (TA) needs. METAC will provide a follow-up to this activity in the current fiscal year to support the realization of some outcomes of the assessment. 

National Workshop

Public Financial Management (May 29 - June 1)

Building on its regional workshop on public corporations and fiscal risks, METAC organized a national workshop for the Directorate of Public Corporation and Privatization (DEPP, in French) to (i) present international standards, best practices, and experiences in identifying, monitoring, and managing fiscal risks related to public corporations and (ii) discuss their possible transposition in the specific context of Morocco, where these corporations play a key role in terms of public investment and benefit from significant budgetary transfers. The discussions and international comparisons highlighted the strengths of the DEPP’s monitoring of the public corporations’ portfolio and the potential benefits of a strengthened and systematic risk-based management of the fiscal risks arising from their activities. They also helped the DEPP to identify a set of actions to be developed in the context of their Strategic Action Plan 2017-21.

Technical Assistance and Training: