This involves continuing to strengthen the foundations of the social state, consolidating investment dynamics and job creation, implementing structural reforms, and maintaining the sustainability of public finances, as specified in this note.
“By the second half of its mandate, the Executive intends to reinforce the fundamental reforms initiated by His Majesty King Mohammed VI and continue accelerating the implementation of the government program. This will focus on improving governance approaches, optimizing operational and coordination mechanisms, as well as increasing openness to major current issues,” stated the same source.
He added that the government reaffirms its belief in prioritizing human capital promotion and integration, which is considered the ultimate objective of all public policies in the Kingdom and serves as a benchmark for measuring government interventions.
“The guarantee of dignity and a decent life for Moroccan families cannot be achieved without a structured economic policy based on promoting investment, employment, and supporting promising sectors. This aims to mobilize necessary financing to ensure sustainability for the pillars of the social state,” notes this document.
However, the government is committed to continuing its policy in territorial areas by initiating a new phase of convergence and territorial integration. This will rely on various contractual mechanisms and innovative economic initiatives established with regional authorities while accelerating development programs’ implementation along with regional land use plans.
Water, food, and energy sovereignty—as well as protecting purchasing power—advocated by His Majesty King Mohammed VI will be major priorities for government efforts in upcoming years. These efforts will be guided by inclusive sectoral leadership aimed particularly at empowering Moroccan families.
Furthermore, starting in 2025 and beyond, the Executive will ensure that public finances remain on a sustainable trajectory. The goal is to achieve a budget deficit of 4% of gross domestic product (GDP) in 2024; 3.5% in 2025; and 3% in 2026. It will also monitor debt levels with an aim to keep them below 70% of GDP by 2026.
This approach will enable regaining financial margins necessary for continuing various development projects while preserving public investment dynamics—an essential lever for consolidating social state pillars.
Thus, following these established priorities aims at achieving a growth rate close to 4.6% in 2025 compared to an expected rate of 3.3% in 2024.