Morocco’s finance ministry on Monday presented a draft 2026 budget worth 761.3 billion dirhams ($83 billion) to parliament, representing a 5.5% increase from the previous year.
According to the draft document seen by Reuters, the government expects economic growth to ease slightly to 4.6% in 2026 from 4.8% in 2025. The slowdown is attributed to global market uncertainties and an anticipated average grain harvest.
The 2026 budget prioritizes investments in health, education, and regional equality, amid recent youth-led protests highlighting frustration over public services.
Public investment is projected to rise 12% to 380 billion dirhams, driven by infrastructure spending on ports, airports, and railways as Morocco prepares to co-host the 2030 FIFA World Cup.
The government also aims to narrow the fiscal deficit to 3% of GDP in 2026, down from 3.5% this year, supported by higher tax revenues offsetting increased capital expenditures. Financing needs are expected to fall 23.3% to 48.7 billion dirhams next year, according to the draft budget.
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Source:Africa Publicity
