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    Home»Financial News»Morocco’s Treasury Chief Noureddine Bensouda Dismissed After 16 Years in Office
    Financial News

    Morocco’s Treasury Chief Noureddine Bensouda Dismissed After 16 Years in Office

    By February 5, 20262 Mins Read
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    Rabat – According to converging reports, Finance Minister Nadia Fettah has decided to dismiss Noureddine Bensouda from his long-held post as Director General of the Treasury at the Ministry of Finance, bringing to an end more than sixteen years at the helm of one of the country’s most strategic public finance institutions.

    The minister has appointed Abdelatif Amrani, currently Director General of Customs and Indirect Taxes, as acting head of the General Treasury of the country.

    The handover between Bensouda and Amrani was expected to take place on Thursday afternoon at the Treasury’s headquarters, pending the appointment of a permanent successor.

    Bensouda’s departure comes at a sensitive moment for the Treasury, which has been grappling with the complex rollout of reforms to the collection of local taxes.

    The reform provides for the gradual transfer of tax collection responsibilities from the Treasury to territorial authorities, a process that requires the creation of 92 new municipal tax offices to ensure continuity in revenue collection.

    While authorities have framed the reform as a key step toward decentralizing fiscal governance and bringing tax administration closer to citizens, it has generated unease within the.

    Trade unions have raised concerns over the lack of clarity surrounding staff transfers, logistical resources, and legal responsibilities, warning of operational risks during the transition. In some areas, the reorganization has led to tense scenes, including forced evacuations from tax offices affected by the restructuring.

    A central figure in Morocco’s financial administration, Bensouda began his career in 1986 at the Ministry of Finance before serving as Director General of Taxes from 1999 to 2010.

    He was appointed Treasurer General that year, overseeing major efforts to modernize public financial management, strengthen budget transparency, and expand digital services.

    The reasons for his dismissal have not been officially disclosed. Some sources point to disagreements with Interior Minister Abdelouafi Laftit over the implementation of the local tax reform, while others suggest the move could precede a new appointment.

    Bensouda’s name has recently circulated as a possible future governor of the Bank Al Maghrib, though no confirmation has been made.

    Read more: MENA Startups Raise $563 Million, Morocco Gains Ground

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