Morocco’s House of Representatives adopted on Saturday the 2027 Finance Bill by a majority, with 179 votes in favor and 126 against, and no abstentions.
The bill, which now moves to the House of Councillors for examination and a vote, is built around five priorities: restoring purchasing power and strengthening the social state, promoting youth integration into education and employment, accelerating advanced regionalization and integrated territorial development, reinforcing strategic sovereignty in water, energy, food and digital sectors, and building a strong economy while preserving macroeconomic and fiscal stability.
Key measures include allocating MAD 44.2 billion to social protection in 2027, mobilizing MAD 210 billion over eight years for territorial development programs, raising renewable energy’s share of installed electricity capacity to 52% by 2030, and increasing dam storage capacity to more than 24 billion m 3 by the end of 2027.
The bill also aims to accelerate seawater desalination projects, bolster national food production, support industrial development and boost investment in road, rail and port infrastructure.
A total of 291 amendments were submitted during the parliamentary committee’s examination, 59 of which received government approval.
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