Morocco recorded a Government Budget deficit equal to 5 percent of the country’s Gross Domestic Product in 2014. Government Budget in Morocco averaged -2.14 percent of GDP from 1990 until 2014, reaching an all time high of 3.60 percent of GDP in 1999 and a record low of -7.30 percent of GDP in 2012. Government Budget in Morocco is reported by the Bank Al-Maghrib. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides – Morocco Government Budget – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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