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                Weekly highlights






          Restructuring of the public portfolio under way





          A    new step has been taken in the                                                                         of social actions instead of the many
                                                                                                                      existing public establishments. Terri-
               restructuring of the public port-
                                                                                                                      torial development is not left out. The
               folio. The Ministry of Economy
          and Finance has just launched a call                                                                        ministry proposes the dissolution of
          for candidates to fill the position of                                                                      the three development agencies of the
          Director of the Department of Public                                                                        South, North, and Oriental regions.
          Establishments and Privatization                                                                            Their maintenance is no longer justi-
          (DEPP), which will be vacant from                                                                           fied because of duplication either with
          the end of next November.                                                                                   other public establishments or with
          The main mission of the new direc-   For the Ministry of Finance, it is imperative to merge the Social Development Agency, the National   departments and local authorities.
          tor consists in initiating the reform of   Mutual Aid agency (Entraide Nationale), the ODCO (Cooperation Development Office), and the   All these elements confirm that a
                                               Compensation Fund into a single operator. The idea is to create a single and visible entity in charge of
          the public sector, a fundamental work   social actions instead of the many existing public establishments   restructuring of the sector is impe-
          mentioned in a royal speech. The                                                                            rative. For it, several actions will be
          new director will have to establish the   the design stage of its strategic deve-  fessionalize the governance of SOEs.  taken. Indeed, for  non-commercial
          necessary synergy with the National   lopment vision aiming at making   Added to this is the drastic limita- and social SOEs, it will be necessary
          Agency for the Strategic Management   this project operational. This work   tion of recourse to the Government  to carry out the reintegration of cer-
          of State Holdings and for Monitoring   is carried out in parallel with the fra-  budget, the need to make the models  tain missions within the ministries
          the Performance of Public Institutions   mework law relating to the restruc-  reliable, and the emergence of large  concerned, after the liquidation of
          and State-Owned Enterprises. Last   turing of the public portfolio, which   centers with the capacities required  certain establishments whose mainte-
          July, the King appointed Abdellatif   includes a roadmap. What is planned   to face the challenges related to com- nance is no longer necessary, under-
          Zaghnoun as the first director general   is the establishment of an integrated   petition.                  lined an official within the Ministry
          of this new public agency that he is   program of reform of the sector of the   For the ministry, it is imperative to  of Finance. Moreover, the roadmap
          setting up. The former boss of CDG   State-Owned Enterprises (SOE) of   merge the Social Development Agen- proposes to group together certain
          (Caisse de Dépôt et de Gestion) em-  which a portion is qualified as urgent.   cy, the National Mutual Aid Agency  establishments whose maintenance
          barked on the implementation, in par-  This program will be built on the   (“Entraide Nationale” ), the ODCO  is justified. Examples of contempla-
          ticular by recruiting human resources   basis of the overhaul measures, defi-  (Cooperation Development Office),  ted transactions are provided. This is
          and drawing up the budget necessary   ned by the framework law, the aims   and the Compensation Fund into a  the case of the infrastructure sector in
          for the operation of this new entity.   of which are to resize the public port-  single operator. The idea is to create  transport and logistics. o
          For the time being, the Agency is at   folio, strengthen efficiency and pro-  a single and visible entity in charge           Mohamed CHAOUI
          Social Security pensions: The increase finally granted





          M       ORE than two years after    of the beneficiaries have a pension  ther measure contemplated is the  date to be discussed during the social
                  its validation, the increase
                                              of 4,200 MAD, which corresponds  reduction of the number of days of  dialogue. This session of the CNSS
                  in retirement pensions from
          the CNSS (National Social Security   to the maximum granted by this  contributions so that a person can be  Board of Directors meeting made it
                                              scheme. Contributions are made  eligible to claim a CNSS pension.  possible to take stock of the CNSS’s
          Agency) has finally been released by   on the basis of a salary capped at  This provision was validated during  balance sheet in 2021, namely the
          the Ministry of Finance. The govern-  6,000 MAD per month, which has  the social dialogue session held last  increase in the number of declared
          ment is getting ready to implement,   been unchanged for several years.  April. The minimum number of days  employees to 3.49 million (+5.4%)
          via a decree, this recommendation of   This increase, which was the sub- required to claim a pension should  and the number of businesses affi-
          the Board of Directors of the fund,   ject of lively                                         increase to  liated to Social Security to 294,000
          which dates from 2019. The five     discussions                                              1,320 days  reporting companies (+8.7%). The
          percent increase will apply to the   during the         It will give a small boost to       versus 3,240  declared payroll increased by 13% to
          stock of retirees constituted at the   Board mee-      the purchasing power, enough         days today. A  170 billion dirhams while collection
          end of December 2019 with retroac-  ting, will cost                                         large segment  rates improved to 92% in 2021 ver-
          tive effect since January 2020. The   nearly  780       to deal with the general rise       of employees  sus 80% in 2020. These issues which
          increase will result in a minimum in-  million MAD                in prices                 could benefit  deserve in-depth analysis were also
          crease of 100 MAD and a maximum     per year to                                             from  a  pen- raised, as is the case for the distribu-
          of 210 MAD per insured person. At   CNSS, and at                                            sion whereas  tion of costs related to recruitment or
          the time, this measure was blocked   the end of September (if the decree  until then they had only one alter- investment in new branches between
          because it was necessary to wait    is published), the National Social Se- native, namely, to recover the em- the different categories managed by
          for the reform of the CNSS pen-     curity Agency will have to disburse  ployees’ share. Employees who do  CNSS. Another issue is that of the
          sion scheme, which is slow to come   more than 2 billion MAD. This will  not reach the level of 1,320 days  surpluses of 41 billion MAD, made
          into being. This increase will give a   have an impact on the balance of the  could recover the employer’s and  by the compulsory health insurance
          small boost to the purchasing power,   pension scheme. Some administra- employee’s share. The terms of im- of employees. “ The idea, among
          enough to deal with the general rise   tors speak of the deficit “that would  plementation of this system have not  other things, consists in allocating
          in prices. Today more than seven    occur three or six months before  yet been defined and are the subject  part (of the surplus) to the financing
          CNSS pensioners out of ten (senior   what was initially forecast”, a situa- of disagreement between the admi- of the “Family allowance” branch
          citizens, disabled persons, and bene-  tion that underscores the urgency  nistrators of the National Social  or even to long-term benefits”, says
          ficiaries of the survivors’ allowance)   of a reform. However, despite the  Security Agency. As a result, said  an administrator. o
          receive less than 2,000 MAD (200    studies and diagnoses carried out,  terms of implementation of this sys-                 Khadija MASMOUDI
          USD) per month. Only four percent   no decision has been made. Ano- tem would be postponed to a later
                                                                     Friday 16 September 2022
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