Morocco's 2027 Budget Focuses on Power and Markets
Morocco's 2027 budget aims to restore citizens' purchasing power and reform markets and prices, while increasing direct social support and improving healthcare and education sectors. The priorities include strengthening the social state, integrating youth into education and employment, and accelerating economic development, with a focus on water, energy, and food sovereignty, as well as building an economy capable of funding social and strategic ambitions. The measures comprise structural reforms to markets and prices starting in 2027, support for purchasing power, expansion of health insurance programs, and improved access to housing amid living pressures; a study shows that 76.3% of households experienced a decline in living standards over the past year. The economic outlook predicts a growth rate of 4.7%, with the budget deficit expected to decrease to 3% of GDP. The national youth employment policy, extending until 2031, will be supported by a $2.5 billion investment to promote integrated development, accelerate renewable energy projects, enhance food security and digital sovereignty. All this is set against the backdrop of Morocco's bid to host the 2030 World Cup, backed by a $20 billion investment plan.
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