Read on app Read on app
✕
Prayer Times
  • Morocco
  • Lifestyle
  • Western Sahara
  • Login
Morocco World News
  • News
  • Culture
  • Politics
  • Society
  • Economy
  • Opinion
  • Education
  • Sustainability
  • Tech
  • Sport
No Result
View All Result
Morocco World News
  • News
  • Culture
  • Politics
  • Society
  • Economy
  • Opinion
  • Education
  • Sustainability
  • Tech
  • Sport
No Result
View All Result
Morocco World News

Home » Morocco » Morocco Allocates $5,36 Billion to Support Purchasing Power

Morocco Allocates $5,36 Billion to Support Purchasing Power

Amid rising concerns over living costs, Morocco is rolling out a MAD 49.7 billion package intended to ease financial pressures on households, improve incomes, and narrow social disparities.

Hanane AfeznaouibyHanane Afeznaoui
Apr, 28, 2026
0 0
A A
Morocco Allocates $5,36 Billion to Support Purchasing Power

Morocco’s Minister of Economic Inclusion, Younes Sekkouri

Agadir – Morocco’s Minister of Economic Inclusion, Younes Sekkouri, said on Monday that the government is allocating MAD 49.7 billion ($5,36 billion) by the end of 2026 and the beginning of 2027 to support purchasing power and reducing social disparities.

“The government has made a significant financial effort. The figure we present today is MAD 49.7 billion ($5,36 billion) by the end of this year and the beginning of next year, MAD 49.7 billion ($5,36 billion) dedicated to supporting purchasing power and ensuring fairness for several segments of our society,” Sekkouri said during the meeting of the House of Representatives. 

He noted that such measures go beyond budgetary or technical negotiations, describing it as a process rooted in building trust between institutions, government bodies, social partners, employers, and representatives of various sectors, including agriculture.

“Before talking about budgets, spending or agreements, social dialogue is first and foremost about establishing a relationship of trust,” the minister maintained.

Presenting the outcomes of recent social dialogue measures, Sekkouri also pointed to a series of wage and income improvements implemented over the course of the current government mandate.

The guaranteed minimum interprofessional wage (SMIG) increased from MAD 14.81 ($1.60) per hour to MAD 17.9 ($1.93), resulting in a rise in net monthly income from around MAD 2,800 ($302.11) to MAD 3,400 ($366.85).

“At the start of the government’s term, the minimum wage in non-agricultural activities was MAD 14.81 per hour, and today it has reached MAD 17.90 per hour. In monthly terms, it has increased from MAD 2,800 to MAD 3,400,” he stated. 

In the agricultural sector, the minimum wage (SMAG) rose from less than MAD 1,900 ($205) to MAD 2,400 ($258.95) in this month. 

The minister also recalled that while an initial general wage increase had not been feasible in 2023 due to economic constraints, a broader adjustment was later implemented, with a general increase of MAD 1,000 ($107.90) for public sector employees.

Sekkouri highlighted salary increases in the education sector. Around 325,000 civil servants have benefited from increases ranging from MAD 1,500 ($161.85) at the start of their careers to MAD 5,000 ($539.49).

In the private sector, income gains were also supported through a revision of income tax, leading to an average increase of approximately MAD 400 ($43.16) in employee earnings. 

These measures came to face cost of living pressures, in which Morocco recorded a 1.2% rise in inflation in March, driven primarily by increases in food and fuel prices. 

These challenges are caused by the unstable global energy markets amid the war in the Middle East. Periods of geopolitical and supply-chain uncertainty continue to weigh on fuel prices internationally, which in turn is reflected in domestic transport and production costs. 

Tags: Moroccans purchasing powermorocco household incomes
TweetShareShareSendShareScan

Recent News

Barcelona winger Lamine Yamal has shared a heartfelt message for Lionel Messi, recalling a personal moment when he approached the Argentine legend to thank him for his impact on football.

‘You Are the Best’: Lamine Yamal’s Heartfelt Message to Messi

September 26, 2026
Hamid Barrada, a Moroccan journalist and intellectual.

Hamid Barrada, Only Moroccan Journalist to Interview Hassan II, Dies at 87

September 26, 2026
Moroccan singer Saad Lamjarred.

French Appeals Court Raises Saad Lamjarred’s Rape Sentence to 10 Years

September 26, 2026
Bourita Holds Talks with Saudi, Lebanese, UAE Officials in New York

Bourita Holds Talks with Saudi, Lebanese, UAE Officials in New York

September 26, 2026
Morocco head coach Mohamed Ouahbi says the challenges awaiting the Atlas Lions on their trip to South Africa to face Lesotho

Ouahbi: Difficult African Trips Will Help Morocco Grow

September 26, 2026

USEFUL LINKS

  • About
  • Privacy Policy
  • Contact
  • Careers
  • Terms Of Use
  • Cookies Policy

TOPICS

  • Mawazine 2025
  • Environment
  • Politics
  • Lifestyle
  • Sports
  • Western Sahara

REGIONS

  • International
  • Maghreb
  • Middle East
  • Africa

Download our App


Download the Morocco World News app on Google Play for Android

Download the Morocco World News app on the Apple App Store for iPhone and iPad

Copyright 2026 Morocco World News. All rights reserved. Morocco World News is not responsible for the content of external sites.
Read about our approach to external linking.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
No Result
View All Result
  • News
  • Culture
  • Politics
  • Society
  • Economy
  • Opinion
  • Education
  • Sustainability
  • Tech
  • Sport

Useful Links

  • Prayer Times

Useful Links:

  • Prayer Times

All Right Reserved © 2026 Morocco World News .

Contact us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?