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Lekjaa gains loan powers
The Moroccan Council of Government authorized the Minister of Economy, Finance and Public-Sector Efficiency, Fouzi Lekjaa, to borrow from the domestic market, mobilize external financing, and conclude contracts and agreements for public debt management, under three draft decrees numbered 2.26.806, 2.26.807 and 2.26.808. These powers will take effect on the date the decrees are published in the Official Gazette and remain in force until 31 December 2026. They are intended to meet the Treasury’s financing needs, reduce the cost of debt, and hedge against fluctuations in interest and exchange rates.
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