Adapting Moroccan Fiscal Policy to the Coronavirus Crisis

Abstract

This theoretical research article delves into the role of Moroccan fiscal policy in response to the COVID-19 crisis. It assesses the emergency fiscal measures taken by the Moroccan government, comparing them to international standards. The analysis also examines the impact of the crisis on public finances, highlighting a significant deficit in tax revenues. To compensate for this loss, the study posits the need for a robust fiscal policy, which is crucial to support an effective economic recovery post-crisis. Structured around five strategic pillars, this policy aims to expand social protection, integrate the informal sector, combat tax fraud, establish a trustworthy relationship between taxpayers and the state, support productive enterprises, and enhance the purchasing power of citizens.

Keywords: COVID-19; fiscal measures; fiscal policy; revenue mobilization; economic recovery.

JEL Classification: E62 ; H12 ; H20 ; O23 ; I18

Paper type: Theoretical Article.