Morocco’s 2027 draft budget provides for 482.4 billion dirhams in ordinary revenue, including 437.4 billion from taxes. Tax revenue would thus account for more than 90% of general budget resources, according to data from the draft published by the Moroccan government on 23 October.
Morocco’s 2027 draft budget provides for 482.4 billion dirhams in ordinary revenue, including 437.4 billion from taxes. Tax revenue would thus account for more than 90% of general budget resources, according to data from the draft published by the Moroccan government on 23 October.
Morocco’s draft budget provides for 825.59 billion dirhams in expenditure in 2027, 8.44% more than in 2026, against 786.60 billion in resources and a budget deficit of 89.61 billion. Medium- and long-term borrowing revenue would reach 120 billion dirhams, according to the presentation note for the 2027 Finance Bill.
Morocco’s Council of Ministers, chaired by Mohammed VI, adopted the general guidelines for the 2027 finance bill. The economy minister forecasts growth of 4.7% this year, inflation of 0.7% and a budget deficit reduced to 3% of GDP, according to the presentation to the Council.