Financial Autonomy of Territorial Communities and the Attractiveness of Moroccan Regions

Abstract

Morocco is engaged in a major project that advanced regionalization, whose objective is to erect the twelve regions as poles of competitiveness to even boost national economic growth. This cannot be done without a genuine financial autonomy of those regions. However, we find that the territorial communities do not enjoy real financial autonomy (Tax Centralized, which redistributes the revenue according to the principle of solidarity between the regions). This lack of financial autonomy would constitute a serious handicap to the attractiveness territorial regions. The objective of this article is to analyze the situation of local finances in Morocco through a reading of the organic laws relating to territorial communities. As well, we highlight the inadequacy of these laws in order to strengthen the financial autonomy of the communities and therefore the financial power of the elected Committee.