Morocco Expects Fiscal Deficit at 3% of GDP in 2027
Finance and economy minister Fouzi Lekjaa said the deficit is expected to remain at 3% of GDP despite higher social-program spending and tax cuts. Morocco’s 2027 growth forecast is 3.7%, down from 4.7% this year.
Newly appointed Finance and Economy Minister Fouzi Lekjaa said on Friday that Morocco expects its fiscal deficit to remain at 3% of GDP, despite increased spending on social programmes and tax cuts. Morocco’s economy is forecast to grow 3.7% in 2027, compared with a 4.7% forecast for this year, assuming…