AFCON, 2030 World Cup investment increase Morocco's sports sector budget

AFCON, 2030 World Cup investment increase Morocco's sports sector budget
Monday 21 October 2024 - 17:04

Morocco’s treasury spending on the sports sector has doubled, driven by major projects launched in preparation for hosting key sporting events, including the 2025 Africa Cup of Nations and the joint 2030 World Cup with Spain and Portugal.

The 2025 Finance Bill report noted that Morocco’s treasury spent more than 288 billion and 692 million centimes in 2023 on sports infrastructure, hosting sporting events, related activities, and supporting sports associations.

Morocco has allocated 2 billion MAD through the National Fund for Sports Development to modernize and redevelop key sports infrastructure. This initiative, announced by the Ministry of National Education, Preschool, and Sports, is part of one of the largest sports projects, with work having begun in 2023 as the country prepares to host the Africa Cup of Nations in 2025 and the joint 2030 World Cup with Spain and Portugal.

It is worth noting that the FIFA regulations demand high and modern standards for infrastructure to host major events like the World Cup, as highlighted in the private accounts report for the 2025 Finance Bill.

Also, Morocco spent nearly 371.21 million MAD in 2023 on organizing, preparing for, and participating in various sporting events.

The private treasury report revealed that 515.71 million MAD has been allocated to fund sports federations and associations in 2023. This funding is based on agreements signed between the Ministry of National Education, Preschool, and Sports, and the Royal Moroccan Sports Federation, as well as partnership agreements necessary for managing sports federations.

Regarding neighborhood infrastructure, the report emphasized that construction projects will be expanded to include the building of 800 neighborhood playgrounds better to meet the need for sports facilities in remote areas.

This project has been expanded to include the construction of approximately 1,855 neighborhood playgrounds, distributed across various communes through partnership agreements with local authorities. This expansion has significantly increased the availability of local sports facilities for residents.

The National Fund for Sports Development recorded an average annual increase of 60.31% in expenditures and a substantial 48.66% rise in revenues between 2021 and 2023.

Total expenditures for the fund reached 4.137 billion MAD last year, up from 1.611 billion in the previous year and 1.610 billion in 2021.

Revenues for 2023 amounted to 6.392 billion MAD, compared to 3.422 billion MAD in 2022 and 2.896 billion MAD in 2021.

The report highlighted the importance of developing sports infrastructure at various levels and the financial resources required for these services, as the kingdom “is committed to continuing its progress in line with the policies of developed sports nations.”

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