5 Hrs
Source:
برلمان.كوم
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King Mohammed VI chairs cabinet session
King Mohammed VI's address during his chairmanship of the Ministerial Council in Rabat focused on the guidelines of the 2027 Finance Bill, which aims to support the national economy amid turbulent global conditions. The draft law encompasses five main areas, most notably restoring purchasing power, building a sustainable social state, achieving regional development through advanced decentralization, and strengthening strategic sovereignty in water, energy, food, and digitalization. It also emphasizes supporting private investment, particularly for small and medium-sized enterprises, and places significant importance on youth issues through the implementation of a comprehensive national plan to ensure their economic and social stability. The Moroccan economy is expected to grow by 4.7% by the end of 2026, with the budget deficit reduced to 3% of GDP, in order to fund major development programs and achieve sustainable development.
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