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Morocco Targets 5.5% Rise in 2026 Budget, Expects Growth to Slow Modestly

Morocco’s Finance Ministry has submitted a draft 2026 budget worth 761.3 billion dirhams (about US$83 billion) to Parliament, reflecting a 5.5 percent increase from the previous year, according to a report by Reuters.

The government projects economic growth will ease to 4.6 percent in 2026, slightly down from 4.8 percent in 2025, citing global economic headwinds and an expected average grain harvest.

Public investment is set to rise by 12 percent to approximately 380 billion dirhams, driven by infrastructure spending on ports, airports, and railways ahead of the 2030 FIFA World Cup. At the same time, the fiscal deficit is projected to narrow to 3 percent of GDP, down from 3.5 percent this year, as highlighted by TRTAfrika.

Officials said the government will prioritize funding for health and education while working to close regional disparities, especially in mountain and oasis areas. The Finance Ministry noted that the 2026 budget is designed to maintain macroeconomic stability while delivering tangible improvements in public services, according to Reuters.

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