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Morocco’s 2027 budget

Morocco adopts the guidelines for its 2027 budget, with 825.6 billion dirhams in expenditure and 482.4 billion dirhams in projected revenue.

3 articles from 17 October to 23 October 2026 · 🇲🇦 Morocco

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🇲🇦 MoroccoBusiness23 Oct 2026

Morocco budget forecasts 482.4 billion dirhams in revenue for 2027

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.

Source: Lebrief

Timeline

  1. Friday, 23 October 2026

    • Morocco budget forecasts 482.4 billion dirhams in revenue for 2027

      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 · 15:40

    • Moroccan budget sets 825.6 billion dirhams in expenditure for 2027

      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 · 15:17

  2. Saturday, 17 October 2026

    • Mohammed VI adopts Morocco’s 2027 budget guidelines

      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.

      🇲🇦 Morocco · 19:42

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