Morocco Plans 2026 Budget Boost for Health, Education, Social Equity

Morocco's government, led by Finance Minister Nadia Fettah Alaoui, plans to revise the 2026 budget to prioritize health and education spending in response to recent youth-led protests highlighting frustrations over poverty, unemployment, and inadequate public services. Currently, Morocco allocates just under 9% of its GDP to these sectors, but the government intends to reallocate funds to achieve immediate improvements, such as enhancing local hospital operations to reduce the need for long-distance travel for medical treatment. The budget will also address regional disparities, particularly focusing on mountain and oasis regions, aligning with King Mohammed VI's efforts to reduce inequalities. While additional funds may be required, the government aims to maintain macroeconomic stability through efficient coordination. Details of the budget amendments will be disclosed once the proposal is presented to Parliament after late October. Furthermore, the Ministry of Economy and Finance plans to introduce medium-term inflation targeting and is exploring steps toward currency floating to support economic stability.