Morocco Targets 3% Fiscal Deficit by 2027 Amid Social Spending, Tax Cuts

Morocco's government projects the budget deficit will stabilize at 3% of GDP in 2027, balancing increased social spending and tax cuts with an expected growth rate of 3.7%. The plan aims to boost purchasing power, but the feasibility depends on sustained growth and fiscal discipline. This signals a commitment to fiscal consolidation, which may support investor confidence in Moroccan assets.

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