Morocco Expects Stable 2027 Deficit
Morocco projects a stable fiscal deficit of 3 percent of GDP for 2027 despite planned tax exemptions and higher social spending. Finance Minister Fouzi Lekjaa presented the draft budget targeting growth of 3.7 percent next year while aiming to curb monopolies.
Morocco expects to hold its fiscal deficit at 3% of GDP in 2027 despite increasing social spending and tax cuts, finance minister Fouzi Lekjaa said on Friday. The projected fiscal stability comes as the economy slows from this year's growth pace. Maintaining the deficit target is crucial for sovereign debt sustainability while funding social programs.
