The Moroccan government is set to allocate 340 billion dirhams (approximately $34.5 billion) for public investment projects in 2025, according to the 2025 draft budget presented by the Minister of Economy and Finance, Nadia Fettah Alaoui.
This marks a 1.5% increase compared to the previous year and reflects the country’s commitment to enhancing infrastructure, boosting economic growth, and improving living conditions.
The 2025 budget will focus on key sectors essential to Morocco’s development, including renewable energy, telecommunications, housing, agriculture, water, transport, and electricity. These investments are designed to create a more resilient and diversified economy, with a significant emphasis on sustainable growth and job creation.
In particular, the government’s new economic growth model aims to increase private sector involvement, shifting the balance of investments from predominantly public to two-thirds private by 2035.
Among the beneficiaries of this increased public investment are public institutions, special Treasury accounts, the Mohammed VI Investment Fund, and local governments.
One of the major goals of the 2025 Finance Act is to support employment. The government has allocated 14 billion dirhams towards various initiatives that aim to create jobs, improve professional integration, and cushion the impact of adverse conditions like drought, especially in rural areas.
These efforts are expected to help reduce unemployment, particularly among the youth, while strengthening the resilience of Morocco’s labor market.
Morocco’s projected economic growth for 2025 stands at 4.6%, a notable increase from the 3.3% estimated for 2024. The forecast is driven by improvements in non-agricultural sectors and favorable global economic conditions.
Additionally, inflation is expected to be kept in check at around 2%, with the budget deficit projected to decrease to 3.5%, further signaling the country’s fiscal discipline.
