Lagoja: Public Contracts Contribute 20% to GDP, Tax Incentives to Support Clean Energy and Transport
The Minister Delegate in charge of the Budget, Fawzi Lagoja, confirmed that public contracts account for approximately 20% of the gross domestic product, making them a key lever for stimulating investment and supporting national economic growth.
Lagoja explained, during a meeting dedicated to discussing economic and financial trends, that the volume of public contracts reflects the crucial role the state plays in driving the economic cycle, whether through the execution of major projects or by supporting small and medium-sized enterprises and creating job opportunities.
The government official emphasized that the government is working to steer public policy towards greater efficiency and sustainability, highlighting that the upcoming phase will see the adoption of targeted tax incentives to promote investment in clean energy and sustainable transport, in line with Morocco’s commitments to environmental protection and combating climate change.
Lagoja indicated that these incentives aim to encourage economic actors to engage in environmentally friendly projects, enhance energy transition, and reduce reliance on fossil fuels while improving the efficiency of public spending and linking it to economic and social impact.
He stressed that reforming the public contracts system is a fundamental pillar to ensure transparency and equal opportunities, and to improve the business environment. He affirmed that the state aims to make public demand a strategic tool for achieving sustainable and balanced development that can keep pace with the economic and environmental transformations the world is experiencing.
