Assahafa.com
Following the Council of Ministers chaired by King Mohammed VI on Sunday, Head of Government Aziz Akhannouch led a government meeting to discuss and approve the Finance Bill for the 2026 fiscal year, along with related measures.
According to a statement from the Ministry Delegate in charge of Relations with Parliament, the government began its session by reviewing and approving Finance Bill No. 50.25 for the 2026 fiscal year, presented by Nadia Fettah Alaoui, Minister of Economy and Finance.
The government also approved several accompanying decrees. These include decree No. 2.25.851, delegating authority to the Minister of Economy and Finance regarding domestic borrowing and the use of other financial tools.
Meanwhile, decree No. 2.25.852 delegates authority to the finance minister for Finance for external financing, while decree No. 2.25.853 authorizes the same authority to sign loan agreements for the repayment of external debt, and agreements to manage interest rate and currency risks.
These approvals aim to prepare Morocco’s financial and economic framework for the upcoming year.
King Mohammed VI presided over the Ministerial Council at the Royal Palace in Rabat to review the general guidelines of Morocco’s 2026 Finance Bill. The draft law that Fettah presented is designed in line with the King’s directives and recent speeches, aiming to advance the national vision of “Emerging Morocco” by combining economic growth, social justice, and territorial development.
Key measures include stimulating investment through domestic and foreign channels, supporting very small, small, and medium-sized enterprises, and implementing regional development programs to create jobs, improve education and healthcare, and modernize underdeveloped areas.
Social protection is a central focus, with increased child allowances, support for orphans, expanded retirement and unemployment coverage, and continued housing aid.
The finance bill also allocates MAD 140 billion ($15 billion) to health and education, including new hospital projects, university hospitals, and preschool expansion.
Structural reforms aim to improve public enterprise performance, modernize the judiciary, and enhance governance for accountability and results-oriented management.
The council also approved several organic laws, military decrees, international agreements, and high-level appointments.
Source: Morocco word news
