Morocco - Current economic position and prospects (Vol. 2 of 2) : Statistical appendix

RESTRICTED FILE COPY Report No. AF-55b This report was prepared for use within the Bank and its affiliated organizations. They do not accept responsibility for its accuracy or completeness. The report may not be published nor may it be quoted as representing their views. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION THE CURRENT ECONOMIC POSITION AND PROSPECTS OF MOROCCO (in two volumes) VOLUME II STATISTICAL APPENDIX March 28, 1967 Africa Department  CURRENT ECONOMIC POSITION AND PROSPECTS OF MOROCCO STATISTICAL APPENDIX Title Table A 1 External medium-term and long-term public debt as of June 30, 1966, with major reported additions to January 31, 1967. A 2a External medium-term and long-term state debt outstanding, including undisbursed, as of June 30, 1966. A 2b Estimated contractual service payments on external medium and long-term state debt outstanding, including undisbursed, as of June 30, 1966. A 3a External medium-term and long-term public enterprise debt out- standing, including undisbursed, as of June 30, 1966 with major reported additions from July 1, 1966 to January 31, 1967. A 3b Estimated contractual service payments on external medium-term and long-term public enterprise debt outstanding, including undisbursed, as of June 30, 1966, with major reported additions from July 1, 1966 to January 31, 1967. A 4 Population. A 5 Gross domestic product by principal sector, at 1960 market prices, 1959-1965. A 6 Gross product at market prices, 1959-1965. A 7 Value of principal crops in 1962 prices 1951-1966. A 8 Commodity balance sheet, 1960. A 9 Production of minerals, selected years, 1958-1965. A 10 Extractive industry, production and employment, 1964. A 11 Phosphate operations, selected data, 1959-1965. A 12 Index of industrial production by sector, 1959-1965. A 13 Index of production in manufacturing by branch, 1959-1965. A 14 Central government current revenue, 1959-1966. A 15 Central government current expenditure, 1959-1966. A 16 Central government capital expenditure, 1959-1966  Table Title A 17 Central government finance, cash basis, 1962-1967. A 18 Public primary and secondary education, enrollment and expenditure, 1957-1966. A 19 Changes in treasury deposits, 1959-1965. A 20 Caisse de Depot et de Gestion (CDG) year-end deposits, 1959- 1965. A 21 Caisse Nationale de Securite Sociale (CNSS), year-end cash balances, 1961-1965. A 22 Balance of payments, 1960-1965 A 23 Merchandise exports, valuation at customs, 1959-1965. A 24 Selected merchandise exports, quantities and prices, 1959-1965. A 25 Merchandise imports, valuation at customs, 1959-1965. A 26 Selected merchandise imports, quantities, 1959-1965. A 27 Industrial investments approved under the investment code, 1960-1966. A 28 External financing, realizations by year, 1961-1966.  Table P 1: EXTERNAL MDIUM AND LONG-TERM PUELIC DEBT / OUTSTANDING AS OF JUNE 30, 1966, WITH MAJOR REPORTED ADDITIONS TO JANUARY 31,1967 Debt Repayable in Foreign Currency (in thousands of U.S. dollar equivalents) Debt outstanding Yajor reported June 30, 1966 additions net of including July 1, 1966 to undisbursed undisbursed January 31, 1967 TOTAL EXTERNAL DEBT 410,538 518,696 lo,549 Publicly-issued bonds 47,148 47,148 Privately placed debt - Suppliers' credits 39,965 39,965 942 IERD loans 16,962 59,179 IDA credit - 11,000 _ Loans from French Govt. 198,122 203,065 7509 Caisse Centrale de Cooper- ation Economique 99,958 104,901 - Credit Foncier 6,124 6,124 - Credit National 11,207 11,207 - Other 80,833 80,833 7509 U.S.Government loan 69,266 102,649 1628 Export-Import Bank 720 24,000 1628 AID 65,462 69,506 - Other 3,084 a,143 - Loans from other Governments 39,014 55,629 470 Germany 11,360 22,375 - Kuwait 22,400 28,000 - Poland 5,254 5,254 470 Debt of Municipalities 61 61 - a/ Debt with an original or extended maturity of one year or more Source: IBRD  Thbla-A 2e : EXTERNAL MEDIUM- AND LONG TERM a/. STATE DEBT OUTSTANDING INCLUDING UNDISBURSED AS OF JUNE 30, 1966 Debt Repayable in Foreign Currency (In thousands of U.S. dollar equivalents) Debt outstanding Item June 30, 1966 Net of Including undisbursed undisbursed TOTAL EXTERNAL STATE DEBT 289,328 344,2-69 Publicy-issued bonds 18,229 IBRD loans 5,220 17,500 IDA credit - 11,000 Loans from French Government 163,573 168,516 Caisse Centrale de Coop6ration Economique b/ 99,958 104,901 Other 63,615 63,615 U.S. Government loan 68,546 78,649 AID 65,462 69,506 Other 3,o84 9,143 Loans from Western Governments 33,760 50,375 Germany 11,365 22,375 Kuwait 22,400 28,000 a/ Debt with an original or extended maturity of one year or more. b/ Does not include F 95,373,222 which has not yet been committed (part of three loans totaling F 630,000,000 from C.C.C.E.) Source: IERD  Table A 2 b : ESTIM4ATED CONTRACTUAL SERVICE PAYMENTS CN EXTERNAL MEDIUM- AND LONG-TERN STATE DEBT OUTSTANDING INCLUDING UNDISBURSED AS OF JUNE 30, 1966 a/ Debt Repayable in Foreign Currency (In thousands of U.S. dollar equivalents) GRAND TOTAL DEBT OUTST (BEGIN OF PERIOD) PAY]YENTS DURING PERIOD INCLUDING AMORTI- -----------------------------------------------------------__----------------_ YEAR UNDISBURSED ZATION INTEREST TOTAL 1966 333,328 b/ 7,426 10,113 17,538 1967 331,095 6,943 9,231 16,173 1968 324,152 7,375 9,149 16,524 1969 316,777 12,646 9,053 21,699 1970 304,131 8,859 9,L40 18,299 1971 295,272 11,405 9,667 21,072 1972 283,867 12,125 9,300 21,h26 1973 271,742 12,880 8,889 21,769 1974 258,861 13,362 8,453 21,815 1975 245,499 13,853 7,999 21,852 1976 231,647 14,572 7,527 22,099 1977 217,075 15,138 7,032 22,170 1978 201,937 15,682 6,518 22,201 1979 186,255 16,247 5,985 22,232 1980 170,008 17,168 5,421 22,589 a/ Includes service on all debts listed in Table A 2a except the following: a) $6,000,000 from the U.S. Government for which the schedule of repayment is not known. b) Undisbursed portions of loans for which the schedules of repay- ment are dependent on unknown dates of future disbursements (amounts in dollar equivalents) 1) $1,710,000 of $4,275,000, C.C.C.E., 3 1/2%, 1965-1985 2) $2,210,000 of $5,323,000, C.C.C.E., 3 1/2%, 1965-1985 3) $1,022,000 of $2,555,000, C.C.C.E., 3 1/2%, 1966-1986 b/ The amount outstanding is as of June 30, 1966; payments are for the entire year. Source: IBRD  Table A 3a : EXTERNAL MEDIUM-AND LONG TERI a/ PUBLIC ENTERPRISE DEBT OUTSTANDING INCLUDING UNDISBURSED b/ AS OF JUNE 30, 1966 WITH MAJOR REPORTED ADDITIONS JULY 1, 1966- JANUARY31, 1967 Debt Repayable in Foreign Currency (In thousands of U.S. dollar equivalents) Debt outstanding MYajor reportea Item June 30, 1966 additions Net of Including July 1, 1966 undisbursed undisbursed January 31, 196'. TOTAL EXTERNAL PUBLIC ENTERPRISE 1214,19 17h,366 10,5h9 DEBT c/ Publicl;y-issued bonds 28,919 28,919 - Privately-placed debt-Suppliers' credits 39,965 39,965 9h2 IBRD loans 11,7h2 41,679 - Loans from French Government 34,549 34,5h9 7.509 Cr6dit Foncier 6,124 6,1_ Cr6dit National 11,207 11,207 - Other 17,218 17,218 7,509 U.S. Government loan - Export-Import Bank 720 2h,000 1,628 Loans from Poland 5,254 5,254 470 a/ Debt with an original or extended maturity of one year or more. b/ In the absence of data, assumptions were made as follows: a) $2,323,000 of Suppliers'credits were fully disbursed. b) Repayments have been made as scheduled for the following amounts: Suppliers 'credits $17,650,000 Loans from French Government $ 7,549,000 Loan from Poland $ 2,375,000 c/ Excludes the following: (a) $1,0h7,300 of suppliers' credits for which the disbursements, amounts outstanding and repayment schedules are not known. (b) $1,72h,000 debt outstanding as of December 31, 1966. ($1,506,000 supplierstcredits and $218,000 loan from Czechoslovakia) for which the repayment pattern is unknown. Source: IERD  Table A 3b: ESTIMATED CONTRACTUAL SERVICE PAYMENTS ON EXTERNAL MEDIUM-AND LONG-TERI PUBLIC ENTERPRISE DEBT OUTSTANDING INCLUDING UNDISBURSED AS OF JUNE 30, 1966, WITH MAJOR REPORTED ADDITIONS JULY 1, 1966 - JANUARY 31, 1967 a/ Debt Repayable in Foreign Currency (In thousands of U.S. dollar equivalents) GRAND TOTAL DEBT OUTST (BEGIN OF PERIOD) PAYMENTS DURING PERIOD INCLUDING AMORTI- YEAR UNDISBURSED ZATION INTEREST TOTAL 1966 146,174 b/ 14,770 4,484 19,249 1967 154,123 16,641 5,754 22,395 1968 137,480 21,453 6,446 27,899 1969 116,027 11,212 6,346 17,557 1970 104,815 12,,488 5,752 18,240 1971 92,327 12,888 5,034 17,922 1972 79,439 12,613 4,302 16,914 1973 66,826 11,735 3,584 15,319 197h 55,091 10,494 2,928 13,422 1975 44,597 9,883 2,337 12,220 1976 34,715 8,485 1,787 10,272 1977 26,230 7,589 1,336 8,925 1978 18,641 7,538 955 8,494 1979 11,102 2,805 565 3,370 1980 8,297 2,502 412 2,914 a! Includes service on all debt listed in Table A 3a, except the following: a) Publicly-issued bonds redeemable on demand of bearer $2,871,000 b) Loans for which the schedule of repayment is not known: Suppliers' Credits $22,315,000 French Government $ 126,000 Loan from Poland $ 2,879,000 llajor reported additions $ 1,412,000 b/ The amount outstanding is as of June 30, 1966; payments are for the entire year. Source: IERD  Table A 4: POPULATION (thousands) 1952 a/ 1960 b/ 1962 a/ 1964 i 1966 / Moroccan Moslem 8,585 11,068 11,870 12,630 13,450 Jewish 218 162 155 110 100 Total 8,803 11,230 12,025 12,740 13,550 Foreign French 175 90 Spanish 93 30 o/ Algerian 93 25 Other 35 30 Total 539 396 335 220 175 All nationalities 9,342 11,626 12,360 12,960 13,725 a/ Estimates by Ministry of Development based on censuses. b/ Census data. c/ Estimates by IBRD based on data from Ministry. Sources: See notes.  Table A 5: GROSS DOMESTIC PRODUCT BY PRINCIPAL SECTOR, AT 1960 MARKET PRICES, 1959-1965 (millions of dirhams) 1959 1960 1961 1962 1963 1964 1965 Agriculture (2,700) (2,650) (2,260) (2,870) (3,o0o) (2,990) (3,150) Main export and industrial crops_/ 570 560 530 570 620 750 800 Other agriculture 2,130 2,090 1,730 2,300 2,44o 2,240 2,350 Energy 170 180 180 220 230 250 260 Mining 510 540 570 54o 530 590 590 Industry and handicraft 990 1,100 1,150 1,210 1,290 1,330 1,320 Construction, public works 330 320 370 420 460 460 48o Commerce 1,730 1,910 1,880 2,060 2,180 2,150 2,130 Transportation, other private services 1,460 1,500 1,530 1,600 1,660 1,720 1,780 Gross domestic production 7,890 8,200 7,940 8,920 9,410 9,490 9,710 Government wages and salariesY./ 820 890 940 1,010 1,090 1,140 1,120 Gross domestic product 8,710 9,090 8,880 9,930 10,500 10,630 10,830 a/ Consists of wine, citrus fruit, vegetables, beets, cotton, tobacco. b/ Ministry series in current dirhams deflated by index of cost of living. Source: Ministry of Develonment.  Table A 6: GROSS PRODUCT AT MARKET PRICES, 1959-1965 (millions of dirhams) 1959 1960 1961 1962 1963 1964 1965 Consumption, private (6,430) (6,950) (7,200) (8,310) (9,010) (9,260) (9,670) At home 6,310 6,820 7,030 8,140 8,800 9,070 9,570 Abroad 120 130 170 170 210 190 100 Consumption, public (1,060) (1,220) (1,310) (1,460) (1,710) (1,860) (1,800) Goods and services at home 250 330 350 370 480 510 430 Goods and services abroad 10 - - 10 - 10 10 Wages and salaries 800 890 960 1,080 1,230 1,340 1,360 Fixed investment, private a/ 420 530 540 540 620 610 580 Fixed investment, public b7 340 390 510 610 790 780 870 Change in stocks -100 40 -150 100 60 -20 _ Gross national expenditure 8,150 9,130 9,410 11,020 12,190 12,490 12,920 Balance of payments current account c/ 380 130 -300 -370 -240 90 260 Gross national product 8,530 9,260 9,110 10,650 11,950 12,580 13,180 Less: Net factor income receipts 270 170 70 30 90 70 IC Gross domestic product 8,260 9,090 9,040 10,620 11,860 12,510 .13,170 a/ Obtained as difference between Ministry estimate of total investment and IBRD estimate of public component. b/ Estimated by IBRD. i Subsequent revision in balance of payments indicate a surplus of DH 100 million in 1964 and of DH 270 million in I165. Source: Ministry of Development  Table A 7: VALUE OF PRINCIPAL CROPS IN 1962 pRIcEs 1951-1966 (millions of dirhama) Traditional Crops Export and Industrial Crops Grains - TOTAL Soft Hard All All Citrus c/ d/ Industrial All export and wheat wheat Barley Maize grains Olives Traditional Fruits Wine Vegetablas2/ Crops j/ industrial 1951 106,0 212,0 371,9 [9,11 739,3 22,7 762,0 1952 103,2 193,5 303,9 66,6 667,2 55,9 723,1 1953 161,2 258,4 415,4 68,2 903,2 24,0 927,2 110,2 55,0 52,4 25,6 243,2 1170,4 1954 185,1 290,8 466,3 58,9 1001,1 34,5 1035,6 113,1 13,0 66,4 21u9 272, 1308,0 1955 127,1 238,1 314,8 67,4 74?,4 55,9 803,3 121,2 79,5 59,1 22,9 282,7 1086,0 1956 121,3 280,8 375,7 65,8 813,6 26,9 370,5 146,2 93,3 67,1 23,1 33,7 1205,2 1957 55,1 202,3 149,8 49,6 456,8 92,0 548,8 168,2 79,6 59,9 25,1 332,8 881,6 1958 108,5 386,5 365,8 84,8 915,6 16,1 961,7 212,9 87,1 118,3 35,9 536,2 1hl5,7 1959 81,6 287,6 257,4 90,8 717,4 65,1 782,5 247,1 111,9 175,3 33,9 568,2 1350,7 1960 111,0 297,9 266,2 92,0 767,1 37,2 804,3 255,2 95,7 187,2 21,3 559,4 1363,7 1961 55,8 178,2 109,4 24,5 367,9 59,6 L27,5 273,8 92,4 146,o 21,9 534,1 961,6 1962 111,4 369,8 272,6 79,9 333,7 46,0 879,7 263,9 78,7 193,9 34,2 570,7 1450,4 1963 105,2 356,2 336,5 91,2 889,1 47,6 936,7 283,6 107,0 184,9 43,8 619,3 1556,0 1965 105,7 355,8 272,9 76,8 811,2 65,7 876,9 365,4 102,1 212,8 69,4 749,7 1626,6 1965 105,6 403,4 273,5 62,6 845,1 55,9 901,0 309,1 13,2 257,9 34,9 795,1 1696,1 1966 69,0 246,0 116,2 35,7 466,9 72,3 539,2 3X0,0 78,7 170,3 119,0 ,28,0 1267,? a/ Quantities for 1951-1965 are from Kebbaj, I'Economie Ce'realiere au Maroc and from 1'Office Cherifien Interprofessionnel des Cereales (OCIC). 1966 estimated by mission. 1962 price obtained from OCIC, as follows per quintals soft wheat, DH 34.5; hard wheat, DH 40; barley, DH 23; maize, DH 23. b/ Quantities for 1951-1954 are estimated by mission, for 1955-1960 are from various sources as surmmarized _n Table 8, IBRD, "The Economy of Morocco" (March 1963). For 1960-1965 are from Ministry of Development, "La Situaticn Economique du Maroc en 1965". 1966 is estimate by DIF based on data from Ministry of Agriculture. 1962 price of DH 328.6 per ton is derived from custcms data. c/ Quantities not available for 1951/1952. For 1953-1960 are from Table 3, 1963 IBRD report. For 1961-1965 are frcm "La Situation Economique du Maroc en 1965". Fc!F 1966 based on Ministry of Agriwlture data. 1962 price of OH 580 per ton is export price as derived from customs data. d/ Quantities not available for 1951/1952. For 1953-1960 are from "Annuaire Statistique du Maroc 1961". For 1961-1965 are from "La Situation Economique du Maroc en 1965". For 1966 based on Ministry of Agriculture data. 1962 price of DH 42 per hectoliter is export price as derived from customs data. / Includes potatoes, tomatoes and other vegetables. Quantities not available for 1951/1952. For 1953-1960 are based on exports and on relation of exports to production in 1961-1966. For 1961-1965 are from "La Situation Econcmique du Maroc en 1965". For 1966 based on Ministry of Ag-riculture data. 1962 prices are based on export prices as derived from customs data and are as follows, per ton: potatoes, DH 260; tomatoes, DH 387; other, DH 400. L/ Includes tobacco, cotton lint, cotton seed, sugar beet. Quantities not available for 19514952. Tobacco quantities for 1953-1961 are from Annuaire Statistique du Maroc 1961. For 1962-1964 are from "La Situation Economique du Maroc en 1965". For 1965/1966 are estimated by mission. 1962 price estirmated at DH 273 per ton. Cotton lint quantities are from ICAC, World Cotton Statistics, April, 1966. 1962 price estimated at DH 182 per ton. Cotton seed quantities for 1953-1959 are as estimated by mission. For 1960-1965 from "La Situation Economique du Maroc en 1965". For 1966 is estimated by mission. 1962 price estimated at DH 61 per ton. Sugar beet prol.uction began 1963. Quantities are from "La Situation Economique". 1962 price of DOi 70 per ton corresponds to world price of refined sugar plus vaiue of molasses and pulp in each ton.  Table A 8: COIMODITY BALANCE SHEET, 1960 (thousands of metric tons) Resources Total Utilization Production Imports Exports Interrnediate Consumption Demand d/ Cereals 3300 100 3400 420 750 2230 Rice 12 1 13 5 1 7 Pulses 178 1 179 98 30 51 Oilseeds a/ 3 46 49 1 3 45 Sugar - 355 355 11 10 334 Vegetables 950 32 982 235 80 667 Citrus fruits 440 - 4LL 319 28 93 Other fresh fruit b/ 250 15 265 43 62 16o Olive oil -/& olive preserves 180 5 185 26 14 165 Meat 167 1 168 - - 168 Milk 924 120 1044 - 397 647 Fish 160 - 160 16 120 26 a/ In oil equivalent. b/ Includes table olives and table grapes. c/ In olive equivalent. d/ Includes production losses. Source: Ministry of Levelopment.  Table A 9: PRODUCTION OF MINERALS, SELECTED YEARS, 1958-65 (thousands of metric tons) 1958 1960 1962 1963 1964 1965 Phosphate rock 6,335 7,474 8,162 8,548 10,098 9,824 Iron ore 1,538 1,577 1,149 1,035 887 951 Manganese ore 410 482 469 335 341 376 Lead ore 137 135 131 1o6 104 113 Zinc ore 87 82 58 59 81 95 Cobalt 9 13 14 14 15 17 Coal 510 412 370 404 400 419 Crude oil 74 92 127 150 120 103 Pyrrhotine - - - - - 128 Source: Ministry of Mines.  Table A 10 EXTRACTIV. IENDUSTRY, PRODUCTION & EP;PLOYIVENT,1964 Value of Output Value Added Employees (DH mill.) 71I mill.) PhosDhates 564.9 129.3 12785 Iron 42.3 31.0 2824 Lead and zinc 134.9 88.5 4516 Other metallic minerals 68.5 49.8 41141 Coal 28.0 13.4 4526 Oil 173.5 58.3 1063 Various other non-metallic minerals 13.5 8.3 1243 Total 1025.6 678.6 31098 Source: Ministry of Development, "L'Industrie et les Mlines en 1964"  Table A 11: PHOSPHATE OPERATIONS, SELECTED DATA, 1959-1965 1959 1960 1961 1962 1963 1964 19652/ Phosphate rock production (thousands of metric tons) 7,155 7,472 7,950 8,162 8,548 10,098 9,825 Exports!/ Quantity (thousands of metric tons) 7,027 7,526 7,565 7,955 8,453 10,01J 9,481 Valuation (DH millions) 3140 424 410 436 460 578 553 Implied export price (DH per ton) 148 56 514 51 54 57 58 OCP finance (DH millions) Net sales 372 429 420 432 463 572 580 Profits tax 45 61 49 149 50 92 65 Other taxes 22 24 28 28 29 35 35 Sources of funds Profits 137 135 38 90 92 100 100 Depreciation J"1 other provisions 16 16 17 20 22 32 30 Net borrowing./ - - - - 3 - 5 176 -22 Total 153 151 105 107 109 308 108 Uses of funds Additions to net short-term asset3$/ 57 - 32 19 31 3 - 3>1 34 Fixed investment 39 52 67 56 61 in 107 Dividends to Government 50 60 81 - 150 260 - Change in balance disposabled/ 7 71 -62 20 - 105 - 32 - 33 Total 153 151 105 107 109 308 108 v Data are from customs and do not correspond exactly to figures on exports published by Ministry of Mines. Export prices here are obtained by dividing value by quantity. b/ Includes repayments to pension fund in years 1962-1965 of following amounts: DH 3.1 million, DH 5.3 million, DR 3.6 million, DH 3.9 million. Rer,ainder represents borrowi;ng from Central Bank (1961A) and repayments (in 1965). / Includes net investment in inventcries, collections of short-term debts and extensions of customer credit, changes in net credit from suppliers. 1965 estimated by Mission. d/ Balance at end of 1965 was DH 54 million. e/ Provisional. Sources: Ministry of Mines, Ministry of Corsnerce, l'Office Charifien des Phosphates (OCP).  Table A 12: INDEX OF IN:USTRIAL PROLUCTION1 BY SECTOR -/1959-65 (1958 100) 1959 1960 1961 1962 1963 196h 1965 C/ Power b/ 98 101 105 129 139 1L7 153 Mining 108 114 119 116 111 125 126 Manufacturing 97 111 115 121 128 130 129 Total 101 111 115 120 123 130 130 a/ Weights are - Power: 110 Mining: 375 Manufacturing: 515 1000 b/ Includes coal, oil, electricity. c/ Provisional. Source: Ministry of Development.  Table A13: INDEXOF PRODUCTION IN MANUFACTURING a/ BY ERANCH, 1959-65 (1958=100) Weight 1959 1960 1961 1962 1963 1964 1965 J Metal transformation 145 87 105 106 104 103 107 103 Ceramic & building. materials 58 97 110 118 123 137 143 139 Chemicals & para-chemicals 68 95 97 111 106 111 117 134 Oils and fats 39 86 113 124 145 145 121 125 Food 417 96 110 115 122 121 127 126 Textiles 107 105 119 124 147 183 184 185 Leather 49 109 125 123 113 121 102 100 Paper and cardboard 29 98 121 122 128 134 138 133 Miscellaneous 88 103 116 108 116 138 131 117 Total 1000 97 111 115 121 128 130 129 a/ Includes handicrafts. b/ Provisional. Source: Ministry of Development.  Table A14: CENTRAL GOVRNME\N T CURRENT REVTENUE a/, 1959-1967 (millions of dirhams) 1959 1960 1961 1962 1963 1964 1965 h/ 1966 j/ 1967 j/ Tax on profits 137.4 139.0 158.8 156.3 161.8 126.7 293.8 n.a. 280.0 k/ Tax on salaries 33.5 40.4 45.2 53.0 62.5 60.9 77.6 n.a. 90.0 Tax on agriculture 50.1 47.8 24.6 4.2 26.6 32.1 43.2 n.a. 44.0 Other direct taxes 7.6 5.6 9.3 8.3 37.8 34.3 56.o n.a. 57.0 Additional tax proceeds b/ 3.5 72.0 57.2 57.7 70.5 98.0 32.0 - k/ Total direct taxes 228.6 265.3 309.9 279.0 346, 324.5 566 526.0 471.0 Import duties and taxes c/ 270.8 329.3 343.9 368.4 426.3 416.5 328.1 n.a. 383.0 Export taxes 32.7 35.5 34.4 32.8 34.9 37.7 41.2 n.a. 51.5 Other ci.stoms receipts 3.0 2.8 2.7 2.8 3.3 3.7 3.9 n.a. 4.0 Total customs receipts 3306. 367.6 381.0 404.0 464.5 57.9 373.2 443.0 438.5 Excise taxes 237.2 257.9 268.5 273.9 281.7 300.9 321.0 345.0 344.5 General sales tax 77.9 93.3 103.6 163.6 200.4 210.0 205.0 215.0 215.0 Total sales taxes 315.1 351.2 372.1 437.5 T872T 510.9 526.0 750.0 559.7 Stamp and registration taxes 67.7 80.8 82.0 84.8 93.2 101.2 110.5 119.0 115.2 Proceeds ofgovernment properties 38.2 44.9 45.4 45.2 43.7 42.1 48.0 51.0 54.2 Bank of Morocco proceeds d/ - - 7.3 41.6 10.8 1.2 4.5 ) 7.0 Income from monopolies and ) 180.0 other economic activities e/ 85.3 89.4 81.2 121.4 95.4 125.1 141.3 ) 192.9 Recdpts from various other government activities f/ 41.0 40.1 38.5 51.0 51.8 52.3 59.1 43.0 55.3 Governmental transfer receipts a/ 23.5 30.0 41.7 47.8 55.3 21.6 51.9 40.0 54.4 Tctal miscellaneous receipts 255.7 285.2 296.1 391.8 350.2 343.5 415.3 433.0 479.0 Total revenue 1105.9 1269.3 1359.1 1512.3 1643.2 1636.8 1883.1 1962.0 1948.0  Table A14: Footnotes a/ Figures basically represent ordinary budget receipts with some mod- ifications to approximate all current receipts not from grants or borrowings. However, results of operations on commodity prices, as on the price of sugar, are not reflected here. Before 1964 the bud- get was on "le systeme de l'exercice", under which each year's re- ceipts included results attributable to the public finances of that year from the year's beginning through the first four months of the following year. In 1964 budgetary accounting was put on "le systeme de la gestion" under which actual receipts of the calendar year only are attributed to each year's budget. As direct taxes are subject to lag in collections, their recorded proceeds for 196L are und.er- stated by comparison to 1963 and. 1965. ~/ Consists of proceeds of levies superimposed from 1960 through 1965 on several direct taxes, collectively referred to as "l'impot de solidarite nationale" (ISN) and paid into the Treasury Account "Fonds sp6cial pour la reconstruction d'Agadir't. Beginning 1966 the levies were integrated into the normal direct taxes. The DH 32 million shown in 1966 are tax proceeds which accrued to the "fonds special" during the year, presumably as payments of taxes for preceding years. c/ Includ.es proceeds of a flat 2.5% levy on imports subject to duty. In years 1959-1961 the levy, then called "la taxe speciale des tra- vaux publics" was collected as one of the earmarked levies ("re- cettes avec affectation sp6ciale"). Such collections could be paid into the budget as 'iecettes exceptionnelles" (see note g/). d/ For 1962 consists mainly of proceeds of devaluation of 1959. In years before 1964 these amounts appeared. under "recettes exception- nelles" (see note g/). From 1964 on they are budgeted as monopoly income. e/ Consists mainly of taxes and. profits from tobacco monopoly. Divi- dends from the phosphate monopoly are not included.. From 1964 on- ward includes proceeds of certain public agencies and enterprises (Office d.u th6 et du sucre, Office des vins et alcohols, Office National d.es Transports) which in earlier years were treated under "recettes exceptionnelles". The proceeds totaled DH 10 million in each year 1964 and 1965. Amounts for earlier and later years are not available separately. t/ Includ.es proceeds from a variety of sources, as, airport taxes, in- terest on Ministry of Finance loans and advances, hospital and clinic fees, court fees, special receipts of the Ministry of Agriculture, patent fees, etc. g/ Corresponds essentially to budgetary account "recettes exception- nelles" plus an account opened in 1964 "recettes en attenuation des d6penses". The latter consists primarily of contributions from lo- cal governments and. from the governmental agencies treated under the " budgets annexes". In years before 1964 they were included in "recettes exceptionnelles" (und.er "fonds de concours sans affecta- tion") but evaluations for those years are not available. In  Table A14: Footnotes (Cont?d..) "recettes exceptionnelles" the following mod.ifications have been made: i) Proceeds of Bank of Morocco netted out, 1961-1963 (see note d/). ii) Amounts corresponding to budget receipts from a customs levy, which in 1959-1961 were treated under "recettes exception- nelles", were then removed and placed under import duties. The sums actually received by the budget are not known (see note c/) but tax proceeds themselves have been used as the best available measure. They are DH 35.6 million, 44.7 mil- lion and 47.1 million, respectively, for those years. iii) Transfers to the bud-get in 1964 and 1965 from the "fonds sp6- cial pour la reconstruction d'Agadir" of DH 31.8 million and 98.0 million respectively netted out. Note that those amounts differ from the actual proceeds of the ISN (see note b/). In 1966 and 1967 budget receipts under "recettes exceptionnelles" consist almost entirely of transferred receipts from sugar price operations which are attributed to the capital budget by the Finance Ministry and. which are not treated. in the present table. h/ Provisional results. i/ Preliminary estimates of results. i/ Budget forecast. k/ Adjusted to exclude DH 60 million portion of proceeds of sugar price operation attributed. in 1967 budget document to direct taxes.  Table A 15: CENTRAL GOVERNMENT CURRENT EXPENDITURES,-/ 1959-1967 (millions of dirhams) 1959 1960 1961 1962 1963 1964 1965.L' 1966&/ 1967h1 Central. administration 174.4 184.9 184.7 210.3 242.8 226.1 225.9 219.6 215.6 Military 197.6 210.5 234.7 261.9 367.3 317.2 319.7 303.8 316.6 Justice and police 219.2 223.3 240.5 245.7 260.4 264.0 263.8 277.1 275.1 Total governmental services 591.2 618.7 659.9 717.9 870.5 807.3 809.4 800.5 807.3 Education, youth, sports 240.6 289.5 323.0 369.4 425.1 450.7 465.9 501.5 497.1 Health 110.9 130.2 146.8 152.9 171.4 187.1 181.0 180.4 200.1 Welfare, religion 5.4 7.0 9.1 13.0 13.0 12.4 13.2 13.7 14.4 Total social services 356.9 426.7 478.9 535.3 609.5 650.2 660.1 695.6 711.6 Agriculture 67.6 70.4 102.5 137.6 159.4 151.6 142.1 143.9 152.7 Mining, manufacturing, merchant marine 10.2 12.1 18.5 20.1 18.6 17.8 16.6 16.7 18.5 Public works 82.7 82.7 88.8 98.7 102.8 104.9 101.9 104.2 106.7 Information, tourism, fine arts, handicraft 3.1 4.4 5.6 8.0 14.3 15.9 17.7 10.0 22.7 Total economic services 163.6 169.6 215.4 264.4 295.1 290.2 278.3 274.8 300.6 Interest on public debtb/ 52.4 53.8 64.7 77.9 89.2 117.5 133.5 168.2 184.6 Annuities and pensionsc7 33.4 42.4 46.9 20.3 27.3 37.6 21.7 2.5 3.0 Special transfers and subsidies / 19.3 15.2 23.7 49.0 53.9 47.0 68.6 83.0 64.8 Expenses from contingency provisons'e/ 20.3 22.2 20.0 27.6 42.9 30.7 - 67.0 Total miscellaneous 125.4 133.6 155.3 174.8 213.3 232.8 223.8 253.7 319.4 Total current expenditures 1237.1 1348.6 1509.5 1692.4 1988.4 1980.5 1971.6 2024.6 2138.9 a/ Consists essentially of results of the "budget de fonctionnement" by administrative category with modifications as explained in footnotes. For years before 1964 under the "systeme de 1'exercice" each year's results included expenses  Table A 15 - footnotes (Continued) under that year's budget actually effected in the two months following the end of the calendar year. 1964 marked a switch to a completely cash basis, "la systeme de la gestion." Thus expenditure for that year is understated by comparison with 1963 and 1965. b/ Represents interest paid on amortizable debt plus budget forecasts of interest on floating debt. For 1959, latter is assumed by IBRD to be DH 10 million. For 1967 represents budget forecast of total debt costs less Treasury forecasts of amortizations. c/ Budget forecasts of "dette viagere et allocations sp6ciales." Actuals not available. d/ Consists of payments to a variety of agencies and enterprises, including coverage of operating deficits of the port agencies, the government printing office, the post office and the radio and television service, whose finances are comprised in the "budgets annexes." A payment of DH 21 million to the government railway organization (ONCF) in 1964 has been deducted, as that organization is treated in the present report as a separate enterprise. e/ Shows payments for operating expenses which could be made more than two months after termination of calendar year. This practice ceased after 1964 and the present contingency provision, though it is shown explicitly in budget forecasts, is shown as an expense in the record of budget results only under the particular headings to which funds are allocated in the course of the calendar year. f/ Provisional results. &/ Preliminary estimates of results. h/ Budget forecast. Source: Ministry of Finance  Toll. A 16: CMZT8AL OOvnoTCr CrP?AL flPWlfY l,- 1959-1567 (tilain of dirbag) 1959 1960 - 1. 1 1966 IY65 1'6 51967-' Irlig.tionY 510.3 20.5 64.5 88.4 127.4 84.9 108.6 68.6 276.8 .-ry fining and anima raidng 24.6 36.5 24.6 33.8 40.5 36.2 13.7 22.1 66.7 Cunsroation nd foreetry 38.2 30.9 25.0 20.8 30.9 22.5 26.4 39.0 45.9 Oeseerch and oth.r 0.6 1.S 2.2 3. 77.2 2.3 16.1 2.0 1.9 Ttal aniculture 78.7 89.4 116.3 146.7 206.0 145.9 164.8 131.7 391.3 (146. 7) Ports-/ 10.9 10.1 10.5 15.7 25.6 12.8 i4.1 19.4 1o.8 RordaS' 36.5 37.0 40.9 36.9 66.o 44.6 41.0 30.6 40.8 oir transport facilities 2.5 1.8 2 4 9.7 15.7 14.3 10.6 10.0 13.8 Total tr-nsportatlon 49.9 48.9 53.8 62.3 107.3 71.7 65.7 60.0 65.4 (65.0) Urban houdng a-d Iopro-acaota uS.7 45.7 45.i 45.9 42.7 39.2 26.6 16.0 16.5 Weterworbk nd otter prj-ects 29.0 36.6 1.4 10.2 4.9 3.9 7.3 - 16.4 7urdl ispruoeensta 25 4.4/ 4-2 .k 4.. A 5 6 4.0 2.2 3.5 4.9 Pci.! corrunilty .erelupopo t 79.7 86.7 50.7 59.9 53.2 47.1 36.1 19.5 37.8 (24.5) comert1 nl training, youth nd epor-t 31.5 25.9 24.9 51.7 42.6 44.8 47.3 31.4 25.8 Pobilo ho Ith 6 7 5.8 10.1 19.3 22.6 20.5 18.3 13.0 8.1 Tote social arin.a.s 38.2 31.7 35.0 71.0 65.2 65.3 65.6 44.4 33.9 Coscommdoloationef/ 11.2 13.7 14.4 11.8 25.1 23.4 35.1 25.2 35.7 Hutals 0.1 0.2 2.5 3.2 - 15.2 i.6 2.0 33.0 Other focillties fur tourism _ - _ _ _ - 4.0 22.8 l5.D Tot.l tourIsm 0.1 2.2 2.5 3.2 - 15.2 5.6 24.8 48.o Mdinng stoujde aid prn-p-titg&/ 1.4 2.6 3.6 4.1 9.8 3.1 2.2 2.0 2.2 IndustriL1 etudie 0.4 0.9 0.6 0.5 0.2 0.7 0.3 n.a. H:ndi-r ft- 0.1 0.8 Srfi chemIcal ocarlas - - - - 12.2 1.2 21.9 16.2 17.6 Tangier Loduetrll lane - - - 2.5 3.0 National st.e.I r.lark - 0.4 0.4 0.1 2.2 a FIshing and mercrhnt marine 2 2 . 09 .7 0 .4 0 Totl onductoy 2.2 4.8 5.5 5.4 22.8 5.3 24.4 20.8 23.6 Cilo adminitr-tiun 14.9 11.6 11.9 14.1 30.1 34.9 27.1 20.0 40.1 Malitay-h/ 3.3 4.8 3.5 10.4 9.8 25.2 1U.3 15.0 15.3 Rls.s.tructtm, of Agadir-1 - 97 41 9 273. 32.1 37.2 27.5 20.0 15.9 Total capital a1aodpturo-/ 278.2 321 5 41.2.1 551.6 471.2 466.2 381b. 707.0 iodtstr`.aI prtlcipationa nd tranaerek' 37.8 30.3 46.2 77.4 67.0 127.9 167.8 59.2 179.3 RPeYpMer.t o public debtt/ b7.6 5D.8 53.5 56.3 27.6 41.5 52.8 70.9 79.8 a OH 503,00 or -aa I/ Cnrrsapolds eamentitally to aepanditures acounted fr under Centrel Or.orra-t cnpita_ budget, includIlng "budget. anansxa" en apt oht tranafera to trf rdllaf and thi electric paer enterprise and induetrial particLptosn and tlrafers ar ahusac eaparataly. On addition, debt reparmet, tioh Ih treated under the gomarnaants currant bodget, Ia fla- hb-a ao a aepardte Item. ALso, teL table does it include portions of Promotion Nati.oae. pro- gram finnced directly by the United States. For o=plets rsaaa-iliatio. .a nts 1/. b/ ir.cildee outlays for tertiary rado In the Sidi Sliasne arsa (1963-1966) ad for the Tafilatat project (1966). / Fr 1959-1965 rapreeante capital aupanditore ade uondr aeparata -bodgate annamas for Cas-blaca ad Ieas.. porte as nil as thnse made dinctly fur Tagier. Tr-afers from th "budget geseralr to the "budgeta annxe-e" har bae- natiod out. 1966 rop.sects aetilnts of actual outly. for Tangier port plu budget for-aa.te fur hodgeta nse. . I.aludes ter-ti royad at Sidi 51imean. 23 includes rural eiectrifieation. f/ Coneite of aepsoditora- undar "bodgat foname far epoeta, t1irapbeh at ta44dhona" ad ror air Ir-d1odiff-ton at tale-idon Mrucaina. Tranfefs to tha "bedgta aana ferom the "budget genral' hare been cattad out. Figure for 1966 le budget forecast. g/ hoanr outlays fr mdImIg in tire fan of aub,antions ha BR1PX (Bureau de Ranbehabs et dma Pa.rttcipatluns Kiniree) re included below in indtrie.1 part uipationa. 7The mnaut em CH 12 million in 1965 and - budgeted for 1967 t Ei 11 million. The 1966 figuor is eatirted at I1 12 madlin by I8RD. h/ Oultayt for erlitta,y achoula under educ-ton. i/ Ir-lodas only budget uutleye ad not thoae ma directly by the Trosery. .4/ Ccoyarleron tith Ministry of Fln..cc budget reeulta for 1959-1965 eatimate for 1966 ad formc et 1967 can bh made r fcllosa: (D6 millions) 1959 1Wi2 L96i 1962 1963 1 1965 1966 1967 9@.1 ealo Tota.c tal apnditure 278.2 301.5 335.5 412.1 551.6 471.2 466.2 381.4 707.0 Add: Ind.etrill participation b transfera 37.8 30.3 46.2 77.4 67.0 127.9 167.8 59.2 179.3 Tleoleitou sonecd radio 1.8 - - - 9.1 6.7 23 7 Porte 8.3 9.4 8.5 13.3 14.5 13.0 14.6 9.8 8.6 PTT 13.6 17.5 18.0 13.2 nY7344; d7 T" -.C t5537 T 47C'. WT :_us tr hidget d'inoaatisn6-ta 317.4 322.0 368.1 497.9 607.3 601.4 609.6 433.5 864.o 9USu4t t.t. tl 22.1 23.0 22.0 22.3 4. 33.o 45.5 40. 44.3 r:o;ailaloau oii!6nmn.ica .1 2 -0.1 n0.1 *0.1 -0.S 0 -0.2 -0.2 -0.2 9,/ I:;:iodee acme tranafer- to 0M as -oil o outlye for oanufacturiowg Industry proper and tras icr tn rd1-a y nd its ielctricity antrproe. 1. traI fron, Sari.ca Teor. on tr!:ot onar; aeti-ate- n-ad .- 0 :. Le-t data. Oay undere;te t aioe of actua1l -un kor.. f-a-aothatlcoa ftg-re Ilo:ude allooancae totalling IHi 25 edillon fur Pronotion NaUtonale apendituree pparently tnt included In prelimirnry atirstee. bu iget forecast. is:Ct oits ii) 0. Fonecr..  a/ Table A17: CENTRAL GOVERNMENT FINANCE, CASH BASIS, 1962-1967 (millions of dirhams) 1962 1963 1964 1965 1966 1967 1967 Budget (IBRD est.) OPERATIONS Current revenue Direct taxes b/ 227 299 327 470 494 531 475' Customs receipts 404 475 458 375 443 438 440 Indirect taxes 438 482 511 526 560 560 560 Stamp and registra- tion levies 85 93 101 110 119 115 120 State monopolies c/ 104 112 140 146 180 200 200 Government properties 45 47 45 48 51 54 55 Other d/ 173 178 159 222 115 110 110 Current receipts T77 168 1 T74 ITT7 1962 2008 1960 Price operations e/ n.a. n.a. 8 155 169 - 195 Cur.rev.total iJ7 V5 7 2052 2131 2008 2155 Current expenditure Personnel 902 1080 1164 1185 1237 ) ) Material and sup- ) ) plies 512 595 529 478 442 ) ) Heavy maintenance ) ) & public works 48 42 48 39 37 ) 1954 ) 1900 Oper. subsidies 15 39 100 90 85 ) ) Central executive ) ) authority 26 49 58 46 55 ) ) Current debt charges / 90 132 216 130 148 185 160 Cur.exp.total 1593 1937 215 1968 2004 2139 2060 (2099) n/ Current balance -117 -251 -366 + 83 +127 - 91 + 95 Capital expend- iture -521 -652 -650 -635 -500 -886 -700 Net treasury opera- tions outside bud- get g/ -107 - 16 - 52 - 51 13 89 - L5 Amortization h/ - 56 - 91 - 42 - 53 -132 - 80 - SO Total financing required -801 -1010 -1110 -656 -492 -968 -730 (Conttd.)  Table A17 (Cont'd) 1962 1963 1964 1965 1966 1967 1967 Budget (IB3RD est) FINANCING Dividends from OCP i/ - 150 100 _ _ 60 60 Change in Treasury deposits i/ (123) (63) (214) (4) (10) - 200) Private and postal checking 71 -4 27 36 - 7 Counterpart balances ) 52 67 40 72 103 187 All other i/ ) 7 i47 -104 13 13 Bond sales to nonbank institutions I 57 58 65 103 68 ) 50 90 Bond sales to banks 1/ 118 115 - 76 19 ) ) Other bank sources (197) (223) (339) (25) (17) ) Use of cash balances 66 18 -75 52 22 ) 80 Central Bank credit 131 205 41I / -27 -5 Total domestic financing 495 609 718 208 213 110 430 Foreign grants - - - 14 - - - Foreign loans m/ 241 200 345 527 245 780 300 Errors and omissions 65 201 47 -93 34 78 - Total financing 801 1010 1110 656 492 968 730 a/ As relfected in statements "Charges et Ressources du Tresor" prepared for IMF and IBRD by Service du Tresor, Ministere des Finances, 1966 is an estimate based on incomplete data. 1967 "IBRD" column repre- sents Tresor estimates adjusted to IBRD projection. b/ Figure for 1963 amended to exclude DH 87 million in receipts of the "impot de solidarite nationale" attributed by Tresor to direct taxes. IBRD estimate for 1967 excludes DH 60 million from sugar profits, which are included under price operations. c/ Receipts from OCP excluded. d/ Includes receipts from a variety of governmental activities, certain contributions of municipalities and actual proceeds of the "impot de solidarite nationale" (ISN). The latter were in 1962 and 1963 less than transfers of ISN proceeds made to the budget, as reflected in the "Charges et Ressources" statement, by DH 4 and DH 29 million, respec- tively, and in 1964 and 1966 more by DH 39 and 32 million, respectively.  Table A17 (Cont'd) e/ Represents net proceeds of operations in sugar and petroleum products, including fines and penalties. Not available for years before 1964. See notes g/ and i/ for adjustments to other accounts that result from showing this explicitly. f/ Represents all charges on both the amortizable and floating debt (1966 taken from budget results), less the following amounts for amortization in years 1962-1967, respectively: DH 56, 91 (includes DH 63 million repayment to Bank of Morocco of credit opened in 1962 on basis of one year advance from Fonds de Stabilisation Francais), 42, 53, 71 and 80 million. g/ Represents the net outcome of "operations extra-budge'taires" adjusted to reflect fact that receipts of impEt de solidarite'nationale are here treated as current revenue (see note d/) and adjusted also to re- flect relations with price operations, as follows (in DH million): 1962 1963 196L 1965 1966 1967 1967 Budget IBRD Operations extra- budgetaires -111 - 45 - 13 15 165 89 74 ISN adjustment 4 29 - 39 - - 32 - - Price operations, re- payment of advances - - - - 66 - - - Price operations, regional development fund adjustment _ - - - -120 - -120 Net treasury operations outside budget -107 - 16 - 52 - 51 13 89 - 46 Figures on "operations extra-budgetaires" for 1967 reflect adjustment for transfer to capital budget of DH 34 million. h/ See footnote f/. Figure for 1966 includes repayment of short-term credit of DH 61 million from French Treasury advanced in 1965. From 1964 on includes payments on railroad debt assumed by the State; amounts were DH 4.5 and 5 million in years 1964-1966, respectively. i/ For 1964 transter of DH 180 million financed by OCP borrowing from Central Bank included with Central Bank credit. .iZ Adjusted to reflect fact that results of price operations are here shown separately as a revenue receipt. For years 1964-1967 amounts deducted are DH 8 million, 89 million, 49 million and 75 million, respectively.  Table A17 (Cont'd) k./ Derived for years 1962-1965 from Ministry of Finance statements "Emprunts a long terme" and. "Bons a 5 ans" as follows: 1962 1963 1964 1965 Emprunts 'a long terme: Cies. d.'Assurances 18 46 36 43 CDG 6 9 9 9 Bons a 5 ans: Cies. d.'Assurances 33 - 8 34 CDG - 2 10 16 CIMR - 1 2 3 Total 57 58 65 105 Other' years not available separately. 1/ Derived. as difference between bond. sales to non-bank institutions (see note 1/) and IMF - Tresor data on net issue of securities (see Morocco - 1966 Article XIV Consultation, Part II, Sept. 13, 1966, Table IX). m/ Figure for 1965 believed to include short-term French credit of DH 61 million. The Budget figure for 1967 is admittedly notional. Moroccan Treasury officials estimate use of loans at around DH 300 million. n/ After adjustment for estimated underspending ("recettes d'ordre") allowed for in budget.  Table A 1: PIJBLIC PRIIIARY AND SECONDARY EDUCATION, ENROLIENT AND EXPEIDITURE, 1957-1966 Primary Secondary a/ Year Enrolment Expenditure (DH mi nios) Enrolment Expenditure (DH millions) Capital Operating Capital Operating Personnel Material Total Personnel Material Tctal 1957/58 514,676 n.a. 91.8 16.4 108.3 28,180 .7 44.2 12.5 56.8 1958/59 577,129 n.a. 118.1 15.8 133.9 42,353 4.7 62.3 11.0 73.4 1959/60 650,883 n.a. 140.4 20.7 161.1 n.a. 5.9 76.2 15.6 91.8 1960/61 702,065 8.9 163.0 22.6 185.7 n.a. 8.7 68.4 20.3 88.7 1961-62 851,816 17.1 193.9 19.8 213.7 73,345 9.2 72.3 14.3 86.6 1962/63 929,313 17.6 224.3 18.0 242.3 96,316 8.5 91.8 14.7 106.4 1963/64 1,008,206 22.1 240.4 13.4 253.8 115,133 9.9 107.2 12.5 119.7 1964/65 1,022,460 28.0_/ 253.2 12.9 266.1 146,575 9.4 110.0 12.7 122.7 1965/66J/,1224,0oc 4.0 263.0 14.0 277.0 181,000 9.0 135.0 15.0 150.0 1566/67a/1,192,000 - 242.0 13.0 255.7 207,861 17.4 157.0 20.0 177.0 a/ Includes technical schools and primary teacher training. b/ Includes DH 15 million expenditure under "operation ecoles" financed mainly from Promotion Naticnale funds. and not included in the official budget for the Ministry of Education. c/ Expenditure estimated; enrolments actual. d/ Enrolments estimated; expenditures from budget. Source: Ministry of Education.  Table A 19: CHANGES IN TREASURY DEPOSITS, 1959-1965 (millions of dirhams) 1959 1960 1961 1962 1963 1964 1965 Public agencies -12 170 25 34 16 174 83 Etablissements nublics et collectivit6s locales 13 131 30 35 14 124 128 Organismes publics (C.D.G., C.E.N.) - 25 39 - 5 - 1 2 50 - 45 Postal checking and private deposits 7 15 145 71 - 4 27 36 DNpZts aux Cheques postaux - 2 43 36 33 - 26 48 101 DMp'ts aux Fonds particuliers 9 - 28 109 38 22 - 21 - 65 All other 30 - 11 104 102 51 21 - 26 Fonds r6serves 28 -.10 93 34 - 10 13 1 Operations postales - - - _- - 4 - 17 Reglements avec le Payeur General de France - _ 3 - 7 3 7 Fonds consign6s 2 -1 8 6 6 12 - 70 Operations diverses - - - _ 54 - 16 - D6p6ts - Importations - - - - - 13 6 Dep^ot Sp6cial de la Banque du Ifaroc - - - 62 -- - Or6rations B.M.C.E. - _ 47 Total + 25 + 174 + 274 + 207 + 63 + 222 + 93 Source: Ministry of Finance,  Table A 20t CAISSE DE DEPOT ET DE GESTION (CDG) YEAR-END DEPOSITS, 1959-1966 (thousands of dirhams) 1959 1960 1961 1962 1963 1964 1965 1966 a/ Caisse Nationale de S6curite Sociale - - 23,687 52,726 94,445 114,949 122,120 170,910 Caisse d'Epargne Nationale 5,266 18,746 31,583 47,667 51,928 59,501 67,467 82,298 Pension and Welfare Funds Caisse Nationale de Retraites et d'Assurances 89 2,540 3,169 4,708 4,992 7,152 12,044 14,864 Fonds des Pensions 49,378 65,65D 45,954 32,279 21,343 63,232 66,173 64,479 Fonds du:Travail 11,217 14,615 19,045 17,351 17,051 14,315 10,490 9,149 Other Depositors Caisse Centrale de Garantie 3,013 2,843 1,857 1,875 1,932 1,971 2,010 2,030 Fonds de Garantie Automobile - 2,416 2,440 4,029 3,204 2,571 3,647 2,o64 Fonds d'Immatriculation Immeubles 1,010 1,100 1,176 1,257 1,366 1,480 1,608 1,713 Fonds d'Assurances Notaires - 717 667 708 744 790 832 866 DeFpts Obligatoires des Notaires - - - - - 1,050 953 921 Depots Libres des Notaires - - - 2,402 1,623 2,194 1,457 1,489 Fonds d'Equipemerit Communal 2,601 4,729 - 24 1,142 2,428 122 2,328 Greffiers et Oukalas El Ghiab 3,618 7,947 10,540 12,699 14,674 15,421 16,342 17,897 Mutuelle des DouarAes - 2 3 3 3 4 4 6 Consignations et Cautionnements 1,724 4,628 5,027 6,165 19,556 20,610 19,525 19,837 D*pfts Divers Correspondants - 1,821 14,347 15,406 17,761 18,064 22,,'30 5,632 CDG Own Deposits IDettes a ccurt terme 297 2,053 4,683 3,569 5,394 8,228 3,361 9,685 Compte d'ordre 184 942 2,303 4,615 - 4,882 10,371 11,842 Fonds de dotation - - 1,110 3,413 9,984 10,000 10,000 10,000 R6sultats et provision - - - - - - - 19,222 Total 78,3-97 130,749 167,591 210,896 267,142- 345,542 371,456 447,232 a/ Data as of November 30, 1966 Source: CDG.  Table AZQ,: CAISSE NATIONALE DE SECURITE SOCIALE (CNSS), YEAR-END CASH BALANCES, 1961-1965 (thousands of dirhams) 1961 1962 1963 1964 1965 Banks 7,061 3,047 6,730 13,319 14,8242 Postal checking accounts 3,767 3,732 3,392 7,169 26,409 Cash 1,583 7.202 h.117 1.997 802 Total 12,411 13,981 14,239 22,484 42,053 Source: CNSS.  Table A 22 BALANCE OF PAYMENTS, 1960-1965 (miLlions of dirhams) 1960 1961 1962 1963 1961 196#5 Re ccIL -erchandise, f.o.b. 1,934 1,836 1,788 1,935 2,219 2,207 Freight and insuranc:e 19 19 22 21 39 35 Port and airport fee!s 25 26 26 27 32 32 :assersger fares it 16 15 17 23 23 Tn:irsut soending 134 126 161 218 306 332 Other private servir:es 10 33 28 h3 39 27 Governrcen t purchase:; 134 LL4 100 109 92 49 Goods and non-factor services 2,300 2,170 2,110 2,370 2,750 2,705 Interest orn public debt - - - 10 12 6 Investrent ircome 34 h40 8 36 16 15 Poncions 150 150 1140 157 142 209 Government salaries 153 614 17 53 43 _ Facnor services 337 254 235 256 213 230 Goods and all semwices 2,637 2,424 2,375 2,626 2,963 2,935 Payments Melrchandise, f.o.b. 1,952 2,125 2,086 2,186 2,165 2,000 Freight and insuranc:e 1142 153 150 150 178 167 Port and airport fees 2 2 2 3 3 3 Passenger fares 14o 314 36 140 50 40 Tour'st spending 120 155 156 156 170 75 Other rrivate services u6 51 78 73 71 70 Diploency and other government 10 13 29 62 73 87 Oozds and non-factor services 2,312 2,533 2,537 2,700 2,710 2,442 Interest on public debt 19 24 47 29 40 35 Other invest:rent income 116 165 147 122 75 1314 Peonions - - 11 11 39 54 aztor services 135 189 205 162 1514 223 4oods and all services 2,4147 2,722 2,742 2,862 2,8614 2,665 Balance, for national acccunts Goods and non-factor services - 12 - 363 - 397 - 330 140 263 Factor services 202 65 30 94 59 7 Goods and all services 190 - 298 - 367 - 236 99 270 Transfer parments (except government receipts) Migrants' transfer receipts 6o 62 82 85 9h 117 Other private transfer receipts 26 21 17 55 33 314 ResJdual government paynants - - - 59 - 97 - 71 - 125 Em:nirants' non-recurrent transfer payments - 30 - 30 - 22 - 14 - 97 - 71 Foreigners' recurrent transfer payments - 1140 - 179 - 170 - 207 - 237 - 252 Other private transfer payments - 5 - 14 - 4 - 36 - 10 - 15 Total adjustments - 89 - 130 - 156 - 214 - 288 - 315 Balance on goods, all services and transfers 101 - 428 - 523 - 450 - 189 - 45 Fina/cn~ Private -apita) receipts 56 56 23 25 46 52 Private capital payments - 66 -63 --28 114 - 314 -141 Goverrnment loans 216 201 272 227 377 598 Government loans repayments - 11 - 7 - 8 - 10 - 87 - 101 Govern..ment transfer receipts 86 65 62 35 60 76 Net use of reserves - 3143 262 101 217 312 - 231 I14F account - - 38 - - - - Tctal. financing - 62 488 422 530 674 353 Er-ors and omissions - 39 - 60 101 - 80 - 485 - 308 a/ Does not include suppliers' credits. b/ Reflects revisions made September 1966, mainly to correct previous over-valuation of sugar imports. Source: Ministry of DeveLopment, "Comptes de la Nation, 1958-1965", and "La Situation Econorique do Maroc", successive years 1960-1965.  Table A23: MERCHANTJISE EXPORTS, VALUATION AT CUSTOMS, 1959-1965 (millions of Dirhams) a/ 1959 1960 1961 1962 1963 1964 1965 TOTAL 11412 1792 1731 1763 1943 21