Moroccan Parliament Approves 2027 Finance Bill

Morocco's House of Representatives approved the 2027 finance bill with a majority vote on Saturday, November 14, 2026. The bill, which aims to restore purchasing power and establish a sustainable social state, received 179 votes in favor and 126 against, with no abstentions. The bill's approval marks a significant step in the country's efforts to address economic challenges and promote social development.

The 2027 finance bill is based on five priorities, including restoring purchasing power, consolidating a sustainable social state, and improving the healthcare and education systems. The bill also aims to promote youth integration into education, training, and employment, and to accelerate the implementation of advanced regionalization and integrated territorial development programs. These priorities are part of the government's efforts to address the country's economic and social challenges.

The bill proposes several amendments, including a review of income tax and customs duties on imported goods. The amendments, which were presented by the government and parliamentary groups, aim to support purchasing power, organize wholesale markets, and promote agricultural product marketing. A total of 291 amendments were submitted, with 59 approved by the government.

The 2027 finance bill allocates significant funds to various sectors, including 44.2 billion dirhams for the implementation of the royal project for social protection. The bill also provides for the development of infrastructure, including roads, railways, and ports, and aims to promote national industry and production. The government's efforts to promote economic growth and social development are expected to have a positive impact on the country's economy.

The approval of the 2027 finance bill marks a significant step in Morocco's efforts to address economic challenges and promote social development. The bill is expected to have a positive impact on the country's economy and improve the living standards of its citizens. The government has pledged to continue working to address the country's challenges and promote economic growth and social development.

The 2027 finance bill will now be submitted to the House of Councillors for discussion and voting, following the approved legislative process. The bill will then return to the House of Representatives for a second reading, before the final approval process is completed. The government's efforts to promote transparency and accountability in the budgetary process are expected to continue.

The approval of the 2027 finance bill reflects the government's commitment to addressing the country's economic and social challenges. The bill's priorities and provisions are expected to have a positive impact on the country's economy and improve the living standards of its citizens. The government will continue to work to promote economic growth and social development, and to address the challenges facing the country.

Key points

• The 2027 finance bill aims to restore purchasing power and establish a sustainable social state in Morocco.