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Moroccan Government Approves Draft Budget for 2020

|Proposed Changes|Morocco
Morocco

The Moroccan Government approved the draft Budget for 2020 on 17 October 2019. Details of the tax-related measures are currently limited but are reportedly focused on stimulating investment and supporting SMEs. Measures are also included to encourage the declaration of assets and the repatriation of cash in foreign currency. Further information on the 2020 Budget measures will be published once…

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