Rabat – King Mohammed VI convened a Council of Ministers meeting at the Royal Palace in Rabat, where discussions centered on the overarching themes of the 2025 Finance Bill, military decrees, international agreements, and several significant appointments to high-ranking positions.
The session began with a presentation from Minister of Economy and Finance Nadia Fettah Alaoui, who addressed the challenges encountered in preparing the budget, including ongoing geopolitical tensions and escalating climate crises.
Despite these obstacles, she reaffirmed Morocco’s dedication to driving economic and social reforms, ensuring macroeconomic stability, and projecting a growth rate of 3.3% for 2024.
The 2025 Finance Bill identifies four main priorities aimed at boosting social cohesion, enhancing economic sovereignty, and establishing a foundation for future generations. It addresses the effective implementation of social protection initiatives, including the completion of the direct social aid program, which currently supports around four million households.
Additionally, the reforms call for sustained investment in health and education systems, along with recovery efforts for regions impacted by the Al Haouz earthquake and flooding in the southeast.
Read Also: King Mohammed VI Appoints Chakib Benmoussa as High Commissioner for Planning
The second priority focuses on fostering investment and job creation through increased private investment, streamlined project approval processes, and improvements to the business environment. It also addresses public investment and the advancement of strategic projects, particularly in green hydrogen and tourism, while prioritizing water resource management.
This includes initiatives from the “Generation Green” strategy, efforts related to the green hydrogen sector, the transition to clean energy, and the roadmap for tourism development.
The government also plans to prioritize water resource management, boost the national drinking water supply and irrigation program, and advance mega-projects in preparation for hosting the 2030 World Cup.
The third priority focuses on implementing structural reforms, with the government aiming to finalize legislative and regulatory frameworks for judicial reforms, family courts, and the modernization of judicial administration. Efforts will also continue in decentralization and the reform of public establishments and enterprises.
The fourth priority addresses the sustainability of public finances, with the minister emphasizing the importance of restoring financial equilibrium, reducing budget deficits, and enhancing resilience against future crises, targeting a growth rate of 4.6% and limiting inflation to 2% by 2025.
After approving the general orientations of the finance bill, the council adopted seven military decrees designed to enhance the social and material conditions of military personnel.
These measures include salary increases for members of the Auxiliary Forces, Civil Protection, Royal Armed Forces, and Royal Gendarmerie, ensuring parity with the pay increases received by other civil servants.
