Tag: 2024 budget
Emerging Markets Finance Headlines Morocco

Morocco: Government to raise its budget by 6.3% in 2024

North Africa PostComments Off on Morocco: Government to raise its budget by 6.3% in 2024

The Moroccan government has increased its general budget by 6.3% to about 62 billion dollars to meet increasing spending on social safety nets, earthquake reconstruction, job creation, and economic development. Speaking to members of Parliament, Finance Minister Nadia Fettah Alaoui said the government will also increase its public investment budget by 35 billion dirhams to […]
Emerging Markets Finance Headlines Morocco

Morocco’s 2024 budget forecasts 3.7% growth, fiscal deficit at 4%

North Africa PostComments Off on Morocco’s 2024 budget forecasts 3.7% growth, fiscal deficit at 4%

The Moroccan government expects an economic growth of 3.7% and a narrowing of the fiscal deficit to 4% next year, according to a draft buddget that was approved by a ministerial council chaired this Thursdau by King Mohammed VI. The earthquake that struck on Sept 8 had no impact on the macro-economic assumptions of the […]