started · updated
Morocco presents 2027 draft budget focused on social support
Morocco's Minister of Economy and Finance, Fawzi Lekjaa, has presented the 2027 draft finance bill, outlining a strategy to bolster purchasing power and social protection. The government plans to increase total spending to 825 billion dirhams, targeting an economic growth rate of 3.7%.
Key social measures include a gradual increase in minimum direct social support from 500 to 1,000 dirhams by the end of the current term. Additionally, the government intends to cover monthly electricity bills for households with consumption not exceeding 100 dirhams. To support the middle class, the draft proposes income tax reforms, including exempting monthly net salaries below 10,000 dirhams starting in January 2027 and raising the tax-free income threshold from 40,000 to 60,000 dirhams.
The budget also allocates 19.4 billion dirhams to the compensation fund to support the prices of butane gas, sugar, and national flour. In terms of defense, the ceiling for financial commitments for the National Defense Administration has been raised to 190.5 billion dirhams to support military equipment procurement and the development of the national defense industry. The plan also includes the creation of 34,454 new budgetary positions across various sectors, including the Ministry of Interior and the Ministry of Health.
Entities
African Development Bank · African Development Bank Group · Fatima Ezzahra El Mansouri · Fatima-Zahra Mansouri · Fawzi Lekjaa · Fouzi Lekjaa · Fátima Ezzahra Mansouri · House of Representatives · Ministry of Economy and Finance · Moroccan government · Morocco · National Defense Administration
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The 2027 defense budget represents a 21.2% increase compared to the 2026 budget. alsaudi.news · okaznews.net
- [○ 1 SOURCE] The government plans to create 17,874 new positions in the education and training sectors.
- [○ 1 SOURCE] The government intends to establish 49 new university institutions.
- [○ 1 SOURCE] The 2027 education budget is projected to reach 121.3 billion dirhams.
- [● 4 SOURCES] Morocco is working to develop a local defense industry in collaboration with the US, Israel, India, and Pakistan. alsaudi.news · okaznews.net · assafir24.ma
- [● 5 SOURCES] The defense budget for equipment and industry support is set to reach 190.5 billion dirhams in 2027. alsaudi.news · okaznews.net · assafir24.ma
- [● 7 SOURCES] The total impact of implementing social priorities is estimated at approximately 62 billion dirhams. www.marrakechalaan.com · www.benimellalnews.net · ahwal.sa · www.lesiteinfo.com · www.almashhad.news
- [● 4 SOURCES] Direct social support will increase by 100 dirhams in 2027. www.marrakechalaan.com · www.benimellalnews.net · www.lesiteinfo.com
- [● 2 SOURCES] The tax on electronic cigarettes will double from 50 to 100 dirhams per unit.
- [● 5 SOURCES] The income tax exemption threshold will rise from 40,000 to 60,000 dirhams annually. www.cawalisse.com · lakome2.com · www.achkayen.com
- [● 4 SOURCES] The top marginal income tax rate will be reduced from 37% to 30% as part of a gradual reform through 2031. www.cawalisse.com · lakome2.com · www.achkayen.com
- [● 5 SOURCES] Monthly net salaries below 10,000 dirhams will be fully exempt from income tax starting January 2027. www.cawalisse.com · lakome2.com · www.almashhad.news · www.achkayen.com