Harmonizing Public Financial Governance in Morocco: Crafting Innovative Revenue Strategies for Sustainable Prosperity

Abstract

This study aims to pinpoint municipalities requiring assistance in bolstering their own-source revenues and financial governance. The analysis underscores the crucial role of diversifying revenue sources, transparent and efficient management, and the implementation of revenue generation strategies in supporting municipal financial performance. Identification of municipalities with high own-source revenue ratios reveals successful practices and effective strategies, offering inspiring examples for those aiming to enhance financial governance. Additionally, classifying municipalities based on revenue and expenditure tiers exposes significant differences, enabling the identification of opportunities for improvement in expenditure management and revenue generation. This study provides valuable insights for local policymakers to elevate the financial performance of municipalities.