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350bn Dirham Support Plan
Economy and Finance Minister Fouzi Lekjaa announced that measures to support purchasing power and social services will mobilize more than 350 billion dirhams over five years, including 62 billion in 2027. The budget bill also allocates around 6 billion dirhams to youth integration between 2027 and 2031. The measures include raising the minimum pension to 1,700 dirhams in January 2027 and then to 3,000 dirhams by 2031; increasing widows’ pensions from 50 to 100 percent of their deceased husbands’ pensions; and raising direct social assistance from 500 to 600 dirhams a month. The youth program aims to train 100,000 young people each year and provide around 100,000 with their first professional experience. The budget also includes approximately 400 billion dirhams in public investment, with growth forecast at 3.7 percent and the deficit at 3 percent of gross domestic product.
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