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Rabat — Minister of Economy Nadia Fettah Alami has once again detailed the priorities of Morocco’s next year finance bill, saying that the priorities build on “the achievements made in the first half of the government’s mandate.”
The priorities seek to ensure continuity by “strengthening the pillars of the social state and the national economic model,” Fettah remarked.
She said the finance bill’s key priorities include reinforcing the social pillars of the social state, consolidating investments and job creation, implementing structural reforms, and preserving public finance’s sustainability.
Fettah Alaoui also said Morocco’s finance bill fund for investment will increase from MAD 245 billion in 2022 to MAD 335 billion in 2024.
The minister additionally projected national economic growth of 4.6% next year with inflation limited to 2% and an average butane gas price of $500 per ton.
“The 2025 Finance Bill revolves around realistic and complementary priorities to tackle different economic and social challenges, based on the results and achievements obtained during the first half of the government’s mandate, and in line with directions ensuring continuity, to further strengthen the pillars of the social state and the national economic and financial model,” Fettah Alaoui said.
She added that this budget comes in a global context marked by great uncertainty due to the climate crisis and increasing geopolitical tensions.
The minister’s remarks on the government’s achievements come amid criticism from both political and civil sectors.
Citizens have been actively engaged in campaigns, calling on the government to monitor the situation in national markets, which have been marked by rising prices of essential commodities like meat, chicken, fish, vegetables, and other basic necessities.
The government also faced criticism from opposition parties, particularly the Justice and Development Party (PJD).
In July, PJD leader Abdelilah Benkirane said Aziz Akhannouch’s cabinet is “managing affairs in a chaotic manner and it is unclear things will end up under its leadership.”
He said the government under the head of government Akhannouch is not solving challenges, but rather “allowing them to escalate,” citing current issues like medical professionals’ strikes.
“You initially clashed with the education sector personnel, yet ended up conceding to their demands by adding MAD 1,500 to their wages… but simultaneously attempted to punish some of them. Why is that?” Benikrane remarked, addressing Akhannouch directly.
“There was no need for disciplinary measures if you reconciled. This pattern now repeats with medical students,” he fumed.
