House of Representatives Adopts by Majority of Votes Liquidation Bill 23.21 on the Execution of the 2019 Finance Act

The House of Representatives adopted on Monday, December 27, 2021, by a majority of votes Liquidation Bill 23.21 on the execution of the 2019 Finance Act. The adoption took place in a plenary sitting chaired by Speaker of the House of Representatives Rachid Talbi Alami in the presence of Minister Delegate to the Minister of Economy and Finance Faouzi Lakjaâ and other Government members. Seventy-seven Representatives voted in favor of the Bill, while one abstained from voting.

The Liquidation Bill delimits and fixes the final count of revenues and expenditures in 2019 and closes the year’s statement of accounts. The Bill also approves the results of the execution of the 2019 Finance Act at the level of the general budget, the private accounts of the Treasury and the autonomously managed State services.

In accordance with Article 65 of the Organic Law on the Finance Act and Article 76 of the Constitution, the Liquidation Bill on the execution of the Finance Act is annually deposited by priority with the Board of the House of Representatives, no later than the end of the first trimester of the second year following the execution of the relevant Finance Act. Furthermore, and following Article 66 of the same organic law, it must be accompanied by several documents.

In addition, the Court of Accounts refers to the Parliament its report on the execution of the Finance Act and the general statement of conformity between the individual accounts of accountants and the general account of the Kingdom.