Morocco's 2026 Budget Support Hits $1.6 Billion

Morocco's Finance Minister revealed a $1.6 billion budget allocation to mitigate energy crisis impacts on purchasing power in 2026.

Morocco's 2026 Budget Support Hits $1.6 Billion

Image: ecoactu.ma

Moroccan Minister Delegate for the Budget, Fouzi Lekjaa, announced on Thursday, April 3, 2026, that the government has allocated 16 billion Moroccan dirhams (approximately $1.6 billion USD) to support citizens' purchasing power in the context of the current year's budget. The announcement was made during a press conference following a government council meeting.

The substantial financial package is designed to counter the effects of the ongoing global energy crisis and international market fluctuations. Minister Lekjaa stated that these measures are a direct response to protect household economies from inflationary pressures, though specific details on the distribution mechanisms were not fully disclosed in initial reports.

This intervention continues a pattern of state support established in previous years to stabilize essential commodity prices. The minister emphasized that this allocation is part of the government's strategic spending within the 2026 Finance Law, reflecting a priority on social protection amid challenging economic conditions.

📰 Source:
ecoactu.ma →
Share: