Morocco Adds 2 Billion Dollars to Budget for Energy Costs
Morocco will add 20 billion dirhams to its 2026 budget to subsidize energy and transport costs. These funds also address flood damage and support economic growth.
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Morocco will add $2 billion to its 2026 budget to mitigate economic shocks from the Middle East conflict. The nation imports most of its oil, gas, and coal and has no domestic refining capacity. Stabilizing purchasing power is critical to maintaining the projected 5.3% GDP growth rate this year.
