Morocco’s government announced Thursday that tax revenues are expected to reach 366 billion dirhams ($36.5 billion) this year, representing a substantial increase from the 199 billion dirhams ($19.8 billion) recorded in 2020. Government spokesperson Mustapha Baitas attributed this nearly 160 billion dirham rise to fiscal reforms that have strengthened public finances and expanded funding capacity for major social programs.
The additional revenues have enabled several flagship initiatives, including the generalization of social protection, budgeted at 41.5 billion dirhams ($4.1 billion) for 2026. Other key allocations include 29 billion dirhams ($2.9 billion) for direct social assistance, 9.5 billion dirhams ($950 million) for AMO Tadamon health insurance contributions, and more than 47 billion dirhams ($4.7 billion) for social dialogue commitments by next year. The housing support program received 10 billion dirhams ($1 billion).
Public investment has risen dramatically, climbing from 230 billion dirhams ($23 billion) in 2021 to a projected 380 billion dirhams ($38 billion) for 2026. Between 2022 and 2025, authorities mobilized approximately 107 billion dirhams ($10.7 billion) to support citizens’ purchasing power through subsidies on butane gas, sugar, and flour, alongside financial backing for institutions like the National Office of Electricity and Drinking Water.
Budget allocations for health and education sectors will reach 140 billion dirhams ($14 billion) in 2026, Baitas confirmed. These reforms align with National Tax Conference recommendations and have improved fiscal equity while providing greater financial flexibility for large-scale projects.
