The Moroccan Government Council, led by Prime Minister Fatima Zahra El Mansouri, convened on November 5, 2026, and approved several regulatory texts related to public finance management and the organization of the justice system. The council began its session by congratulating King Mohammed VI and the Moroccan people on the anniversary of the Green March, a significant national event that symbolizes the country's unity and determination to defend its territorial integrity.
The council discussed recent developments in the Sahara region, with Prime Minister El Mansouri praising the King's wise leadership in managing this strategic issue. She emphasized Morocco's commitment to protecting its legitimate rights and highlighted the importance of strengthening national unity and solidarity. The council also approved a draft decree to regulate the profession of sworn translators, aiming to improve the efficiency of the judiciary.
On the financial front, the council adopted three draft decrees that grant extensive powers to the Minister of Finance, based on the 2026 finance law. These decrees concern the organization of domestic borrowing and external financing, the restructuring of external debt, and the signing of hedging agreements against interest rate and exchange rate fluctuations. The goal is to ensure the financing needs of the Treasury and maintain financial balance.
The approved decrees, numbered 2.26.806, 2.26.807, and 2.26.808, aim to provide the Minister of Finance with the necessary tools to manage Morocco's public debt and financial obligations effectively. This move is expected to enhance the country's financial management and ensure the sustainability of its economic development.
In addition to the financial regulations, the council approved several appointments to high-ranking positions, including the director of the National Institute for Judicial Records and Legal Professions, and the directors of several government agencies. These appointments reflect the government's efforts to strengthen its institutional capacity and improve the performance of key sectors.
The Government Council's decisions demonstrate the Moroccan government's commitment to promoting economic development, social progress, and national unity. The approved financial regulations and appointments are expected to contribute to the country's continued growth and stability.
The council's meeting took place in the context of Morocco's ongoing efforts to strengthen its economic and financial position. The country's financial management and public debt restructuring are critical components of its economic strategy, aiming to ensure sustainable growth and development.
Key points
- The Moroccan Government Council has approved financial regulations granting extensive powers to the Minister of Finance to manage borrowing and public debt restructuring for 2026.
