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Luqja' Bushers Announces Surprise Debt Relief for Morocco

Luqja' Bushers Announces Surprise Debt Relief for Morocco

Fouzi Lekjaâ, the Minister Delegate to the Minister of Economy and Finance, confirmed that financial and economic indicators during the first half of the year point to the success of the fiscal policy. The government expects the budget deficit to decline to around 3 percent by the end of 2026, and the debt-to-GDP ratio to fall below 66 percent, with significant progress made in reducing the debt from 68.8 percent in 2023 to 67.7 percent in 2024.

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