El Khalfi confirmed the news at a press conference held on Thursday after the weekly cabinet meeting.
“There will be no increase,” El Khalfi said.
The 2019 Finance Bill “adopted in the Council of Government, has no measure relating to the increase of taxes on vehicles.”
Last week, local news outlets reported that the finance bill would include an increase of vehicle taxes between MAD 50 to 500.
The increase was speculated to depend on the tax horsepower of the vehicle.
Vehicles with tax horsepower between 8 and 10 would be taxed MAD 700 instead of 650 for gas engines, and MAD 1,550 instead of 1,500 for diesel.
The government released a statement about the 2019 Finance Bill after the weekly cabinet meeting on Thursday.
El Othmani’s cabinet has approved the MAD 443.206 billion 2019 Finance Bill after a ministerial council King Mohammed VI chaired on it last week.
The King called on the government to prioritize social sectors to reduce racial disparities and to boost investment.
The statement from the government shows the budgets allocated for each sector. The bill allocated MAD 27 billion to fund social and economic programs, and MAD 68 billion for education.