Morocco's Chamber of Representatives has adopted the 2027 Finance Bill with a majority vote. The bill, also known as PLF 2027, received 179 votes in favor and 126 against, with no abstentions. The vote took place during a plenary session on Saturday, November 14, 2026. The bill's adoption marks a significant step in the country's budget planning process.
The PLF 2027 focuses on five key priorities. The first priority aims to restore purchasing power and consolidate the foundations of a sustainable social state. This includes measures to support household incomes and complete the deployment of the Royal Social Protection project, with an allocated budget of 44.2 billion dirhams for 2027. The bill also emphasizes upgrading public health, education, and higher education systems.
The second priority focuses on integrating young people into education, training, and decent employment. This involves combating school dropout rates and guiding young people towards suitable insertion solutions, such as education, training, employment, or entrepreneurship. A unified pathway and strengthened governance will support this process.
The PLF 2027 also aims to accelerate the implementation of advanced regionalization and new integrated territorial development programs. A total of 210 billion dirhams will be mobilized over eight years for these programs, which focus on promoting employment, reinforcing basic services, and upgrading territorial infrastructure.
The bill's fourth priority concerns strengthening strategic sovereignty in areas such as water, energy, food, and digital security. In the water sector, the bill aims to increase the national dam storage capacity to over 24 billion cubic meters by the end of 2027. It also plans to accelerate the construction of seawater desalination stations and develop the reuse of treated wastewater.
A total of 291 amendments were presented during the parliamentary commission, with 59 receiving government approval. These amendments covered various aspects, including income tax revision, customs duties, and measures to support purchasing power and agricultural product marketing. The amendments were submitted by different parliamentary groups, including the government, the majority, and opposition groups.
The PLF 2027 will now be transmitted to the Chamber of Counselors for examination and voting, before returning to the Chamber of Representatives for a second reading. The bill's adoption demonstrates the government's commitment to implementing its social and economic agenda, as outlined in the five priorities. The implementation of the bill will be closely monitored in the coming months.
Key points
- The 2027 Finance Bill focuses on five key priorities, including restoring purchasing power and consolidating social state foundations.
