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Planning Delegation Backs 2027 Economy Plan

Planning Delegation Backs 2027 Economy Plan

The article discussed the projections of the High Commission for Planning regarding the resilience of the Moroccan economy over the next two years. It affirmed that domestic demand, supported by a rebound in consumption and robust investments, will remain the main driver of growth in 2026 and 2027, with final consumption expected to increase by 4.4% in 2026 and 2.4% in 2027. Additionally, investments are set to see a significant rise of 9.5% in 2026, driven by the completion of infrastructure projects related to hosting sporting and international events. This will bolster economic growth and reduce reliance on external factors. However, the commission warned of the potential impact of geopolitical tensions on trade exchanges, particularly the possibility of oil prices rising by as much as 31.8% in 2026, which could increase the trade deficit to 21.9% of gross domestic product. In conclusion, the Moroccan economy remains "ambitious and cautious," maintaining its stability through reforms and investments despite challenges related to energy markets and geopolitical tensions.

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