Morocco forecasts economic growth to rise to 4.6% in 2025, based on current assumptions, Economy and Finance Minister, Nadia Fettah, said in Rabat on Thursday. She highlighted the importance of progressively reducing the budget deficit to ensure this sustainability, a major pillar of government action. “Reducing the budget deficit will balance the implementation of reform projects and development initiatives, and strengthen budgetary margins to preserve the resilience of the national economy against potential shocks,” she explained. For the 2025-2027 period, the budget deficit is targeted to be reduced to 3.5% of GDP in 2025, and further to 3% in 2026 and 2027. The budget deficit decreased to 27.5 billion dirhams during the first half of this year, representing approximately 44.3% of the level projected by the finance law.
