The territorial decision-making process must be strengthened

During the work of the 15th edition of the International Colloquium on Public Finances organized under the theme “What model of public finance governance in a world of multiple crises?” “, on the initiative of the Ministry of Economy and Finance and the Association for the International Foundation of Public Finances (FONDAFIP), with the support of the French Review of Public Finances (RFFP), the first round table focused on the decision-making regulation model in public finance.

The president of the Association for the International Foundation of Public Finances (FONDAFIP), Michel Bouvier, stressed, on Saturday in Rabat, the need to be able to regulate the public financial system, insisting that it ” should invent a model of governance of public finances for a society in full transformation, particularly in a context of multiple crises, which have jeopardized public finances “.

Michel Bouvier also made it known that ” the reform of the public finance regulatory model is central”, noting that therefore “the reform of the budgetary process constitutes a major challenge, stemming from the evolution of contemporary societies and the multiplication of the actors concerned “.

To this end, he cited the need to set up an institution for coordination between the State, local authorities, financial institutions as well as public and private social organizations, capable of ensuring their heterogeneity. In addition, the President of FONDAFIP affirmed that public finances should not be thought of through economic or legal aspects, since these finances respond to various logics and undergo multiple interactions.

For his part, university professor Abdellah Saaf and former Moroccan minister, highlighted the importance of citizen participation and their association in public action in the financial sector.

It is not a question of informing on the decisions taken at the central level or consulting the social actors on a certain number of choices “, he specified, recommending to go towards the co-construction of the decision. Saaf further pointed out “ the importance of reducing inequalities to maintain social cohesion, through sustainable solutions to current crises, and to place public finances on the prospects for growth and sustainability.

The two speakers on the second panel, Driss Benhima, former minister and former Wali of the region, and Jean-Baptiste Blanc, senator from Vaucluse, member of the Senate Finance Commission, and departmental adviser, dealt with the second theme, which relates to the strengthening of the territorial decision-making process.

For the former CEO of RAM, former minister and former Wali of the region, Driss Benhima, ” the new public finance decision-making process should be put in place between the powers of the central institutions, the powers delegated to their regional representatives, and the programs of the regional councils “.

The sphere of territorial decision-making depends on the role devolved to the region, also noted Driss Benhima, advocating the installation of the capacity of the regional council, which should become the best documented connoisseur of regional realities, all sectors combined.

The speaker also felt that the use of external conceptualization resources penalizes this capacity. Given the size of the financial amounts allocated to regional development, he considered that the regions should focus on a limited number of priority areas, and ensure the region’s own capacity to take ownership of the approach without recourse to the outside.

Jean-Baptiste Blanc, who followed suit, for his part highlighted the French experience, indicating that reducing soil consumption requires a new economic model. In this regard, he called for new local taxation to be adapted to climate objectives, also indicating that the State now relies on the regions to territorialize the objectives, with a view to adopting a new governance and a new taxation.

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