Morocco allocates 340 bln MAD to public investments in 2025

Morocco allocates 340 bln MAD to public investments in 2025

Morocco’s 2025 budget has allocated 340 billion dirhams ($34.5 bln) to public investments, up 1.5% from last year.

The investments would focus on key sectors such as renewable energies, telecommunications, housing, farming, electricity, water, phosphates, roads, and transports, according to the draft budget.

The 2025 assumes a 4.6% growth rate in 2025, up from 3.3% this year, inflation at 2% and a budget deficit at 3.5%.

The new development model aims at increasing the share of private investments to two-thirds instead of one third currently and to double the GDP per capita by 2035.

To that end Morocco has enacted an investment charter that offers incentives to the private sector and launched the Mohammed VI investment fund to spur private investments.

 

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