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Morocco · Regulation · October 17, 2026

Morocco approves the main orientations of its 2027 budget

Chaired by King Mohammed VI, the Council of Ministers approved the general orientations of the 2027 Finance Bill on 17 October 2026, citing the direct housing aid programme as a tool for access to housing.

On Saturday 17 October 2026, Morocco's Council of Ministers, meeting at the Royal Palace in Rabat under the chairmanship of King Mohammed VI, examined and adopted the general orientations of the 2027 Finance Bill (PLF 2027).

The framework rests on five priorities, including restoring purchasing power and strengthening the social state, a national youth programme for 2027-2031 and faster regionalisation. Access to housing through the direct housing aid programme is explicitly mentioned.

According to the figures presented, growth should reach 4.7% by the end of 2026, inflation should be held at 0.7% and the budget deficit should fall to 3% of GDP. A 25-billion-dirham envelope is also planned for new territorial development programmes.

Specific tax measures, including any affecting property, have not yet been published. They will be set out in the bill submitted to parliament.

Sources

Summarised by Akram Toub Real Estate from the sources listed. This is general information, not financial or legal advice.

Photo: othmane ferrah via Unsplash

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