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Moroccan local authorities

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Morocco fiscal deficit, rising debt, and widening trade gap

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Latest: Morocco trade deficit rises to 282.6 billion dirhams

By the end of August 2026, Morocco’s Treasury deficit rose to 56.9 billion dirhams, up from 54.1 billion dirhams during the same period in 2025. While ordinary revenues grew by 5.5% to 286.6 billion dirhams, ordinary exp