عربي21
عربي21
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Transferring the authority for expenditure approval in the Integrated Territorial Development Fund to Minister of Budget Fowzi Louqa reflects a reorganization of Morocco’s local developmental financing management. The move aims to accelerate project implementation and reduce geographical disparities in essential services such as health, education, and water. This development is part of a broad developmental program with a total cost of 210 billion dirhams over eight years. It also sparks discussions about its impact on the balance of power among political officials, especially since the authority now lies primarily with Louqa, who has an increasing political and financial presence. This shift could enhance his influence across various areas related to development and sports investment.
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