Lakjaa reports PAM program cost at 390B dirhams
Fouzi Lekjaâ revealed that the social and economic program proposed by the Authenticity and Modernity Party spans five years, with a total estimated cost of 390 billion dirhams. Of this amount, 314 billion dirhams will be covered by the general budget, aiming to achieve a 5% economic growth rate and keep the budget deficit at 3%. The program includes significant investments in social protection, pension reform, supporting purchasing power, and infrastructure development, with projections to reduce the debt ratio from approximately 66.8% to around 62% over the course of the program. Lekjaâ also confirmed that funding will come from the state budget and local authorities, with an emphasis on directing borrowing towards investment, infrastructure, and social sectors.
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