Madar (Rabat) - King Mohammed VI on Saturday, October 17, 2026, chaired a ministerial council at the Royal Palace in Rabat to discuss and approve the general guidelines of the draft finance bill for 2027, according to a Royal Cabinet statement carried by Moroccan media.
According to the statement, the minister of economy and finance presented the bill's main provisions against an international backdrop of rising geopolitical tensions, expanding protectionism and intensifying competition over energy, technology and financing. Morocco's economy is expected to grow by 4.7% by the end of 2026, with inflation at 0.7% and the budget deficit narrowing to 3% of GDP.
The draft is built on five priorities: restoring household purchasing power and consolidating the foundations of the social state; integrating young people into education, training and employment through an integrated national programme for 2027-2031; accelerating advanced regionalisation and rolling out a new generation of integrated territorial development programmes; strengthening strategic sovereignty in water, energy, food and digital technology; and building an economy able to finance the country's social and strategic ambitions while preserving financial stability.
In line with royal directives, MAD 25 billion will be allocated to accelerate the new generation of territorial development programmes, the statement said. The Royal Cabinet described youth issues as among the most urgent facing the country, calling for a shift from fragmented sectoral programmes to a coordinated national policy that supports young people from education and training to employment and housing.
The council came a day after the king appointed the members of the new government headed by Fatima Zahra Mansouri on Friday.
