This year’s budget planning session, starting with a government council meeting on Wednesday, will prioritize economic revitalization efforts.
The Ministry of Finance will present a detailed report on the current state budget and the progress made on the 2025 PLF. Discussions will center on key aspects of the next budget, including financial projections for 2025-2027. With Morocco facing economic challenges like rising unemployment, particularly among youth, tackling these issues through targeted budgetary measures will be a key focus.
The government acknowledges the negative impact of the COVID-19 pandemic on the economy and is under pressure to deliver a budget that fosters growth while addressing pressing social needs. Positive steps have already been taken, with initiatives supporting small and medium-sized businesses, infrastructure investments, and business climate reforms. The PLF 2025 is expected to reflect these priorities by outlining specific budgetary allocations for these sectors.
Following Wednesday’s meeting, the Ministry of Economy and Finance will finalize the budget proposal. After approval by the Council of Ministers and King Mohammed VI, the budget will be presented as a bill to Parliament for further examination and potential adjustments. This transparent process allows for parliamentary debate and scrutiny of the government’s spending plans.
The 2025 Finance Act is a critical step in shaping Morocco’s economic future. By prioritizing growth-oriented initiatives and addressing social concerns, the government aims to navigate economic challenges and ensure a more prosperous future for the nation.
MN/Sf/ac/fss/abj/APA