- Morocco’s government is reversing its decision to increase the value-added tax (VAT) on water and electricity.
- The government has also decided to reduce the VAT on urban transport.
- The proposed budget draft included an increase in VAT on water, sanitation services, and water meter rental.
- The tax on electricity and electricity meter rental was also set to increase.
- However, an agreement was reached not to increase the prices of water and electricity.
- There is a possibility of reducing the VAT for household water consumption and urban transport.
- The decision to hike utility bills faced backlash from netizens.
Source: moroccoworldnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
