60 Days
Source:
ناظورسيتي
Tensions in the Strait of Hormuz pose new challenges to Morocco's 2027 budget
The Moroccan government is preparing the draft Finance Law for 2027 amidst a complex international environment characterized by escalating tensions in the Middle East, especially in the Strait of Hormuz. This has led to a rise in global oil prices and concerns over energy supplies. It is expected that these developments will impact the budget assumptions, including the price of a barrel of oil and the cost of gas subsidies, while taking into account internal factors such as the agricultural season, tourism performance, and remittances from Moroccans living abroad. The government is likely to focus on fiscal austerity and delay some projects, with potential increases in the prices of gas and petroleum in 2027 due to ongoing tensions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)