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2026 Finance Law Outcomes
The ministry explains that the financial results for the first six months of 2026 show good performance, with current revenues exceeding 197.7 billion dirhams, achieving 54% of the target. There has been an increase in tax revenues such as corporate tax and VAT, along with a rise in non-tax revenues by more than 55%. On the expenditure side, current expenses reached over 203.8 billion dirhams, with a completion rate of 53.7%, driven by higher personnel costs, transfers to public institutions, and increased investment spending, which reached 59.8 billion dirhams to support the Social Protection Fund. The results of the first half of the year indicate an improvement in the budget deficit level, which decreased by 6.7 billion dirhams to approximately 24 billion dirhams, with expectations that the budget deficit will remain within 3% of GDP in the second half of the year.
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