Akhannouch sets budget priorities for 2027–2029 amid global uncertainty

Akhannouch sets budget priorities for 2027–2029 amid global uncertainty
Thursday 19 March 2026 - 22:55

Morocco has launched preparations for its 2027 finance bill with a three year budget framework prioritising social reforms, investment and fiscal discipline, Prime Minister Aziz Akhannouch said in a circular to ministries and public institutions.

The directive calls on government departments to submit budget proposals for the 2027 to 2029 period as part of a multi year approach aimed at improving the efficiency and visibility of public spending.

The plan places social policy at the centre of government priorities, including the continued rollout of universal social protection, a key pillar of Morocco’s development model, while ensuring its financial sustainability.

Healthcare reform remains a core focus, with measures targeting hospital modernisation, staffing and the expansion of regional health groupings to improve service delivery.

In education, the government aims to extend its “pioneer schools” programme to cover 80% of primary schools by the 2026 to 2027 academic year, in a bid to strengthen basic learning outcomes.

The framework also emphasises job creation through investment support, business development and better alignment between training and labour market needs.

Public investment is expected to continue in strategic sectors such as water, transport and logistics, alongside infrastructure linked to Morocco’s preparations to co host the 2030 World Cup.

The government said it would accelerate digital transformation under its Morocco Digital 2030 strategy to modernise public administration and boost competitiveness.

The budget planning comes amid global economic uncertainty driven by geopolitical tensions and slower growth. Authorities expect average growth of around 4.2% over the period, with inflation near 2% and the budget deficit contained at about 3% of GDP.

To meet these targets, the circular calls for tighter control of public spending, particularly operating costs, and the adoption of digital and shared management systems to improve efficiency.

Budget proposals will be reviewed between April 13 and May 12, with ministries required to submit data through a centralised digital system.

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