HIBAPRESS
The Council of Advisors, in a general session held today, Thursday, approved by a majority the first part of the draft finance law No. 50.25 for the fiscal year 2026, as amended.
The first part of the draft law, during this session which was held in the presence of the Minister Delegate in charge of the Budget, Fouzi Lekjaa, was approved by 38 parliamentary advisors, while 12 advisors opposed it and seven others abstained from voting.
According to the report of the Finance, Planning, and Economic Development Committee of the Council, the number of amendments accepted by the committee reached 72 amendments out of 227 amendments (224 amendments for the first part, and 3 amendments for the second part), while 67 amendments were rejected, and 85 amendments were withdrawn by their submitters.
The Minister Delegate in charge of the Budget had clarified during the general discussion of the draft finance law in the same committee that "the government and parliament have been able to achieve significant progress in public finance indicators, whether in terms of reducing the deficit or controlling the level of debt, stressing that international institutions praise the strength of financial performance in Morocco."
According to the report, the Minister pointed out that "this improvement allows Morocco a greater margin to make strategic decisions, considering that the finance law is one of the basic laws that are based on the high royal orientations, especially with regard to strengthening the social state."
In this context, he confirmed that "the government is working to generalize direct support for families and reform social protection systems, while ensuring the smooth transition for beneficiaries of the RAMED system towards the compulsory health insurance system."
For their part, the parliamentary advisors affirmed the importance of the measures adopted by the government to maintain the balances of public finances, increase state resources, control the recourse to debt, rationalize expenditures, and improve the mobilization of financial resources through an integrated strategic vision, in a way that guarantees the sustainability of financial and macroeconomic balances and enhances the confidence of the international community in the national economy.
Regarding the social aspect of the draft finance law, the advisors praised the government's efforts to strengthen the health offer within a comprehensive reform path by allocating a financial envelope estimated at 42.4 billion dirhams and continuing to build and equip university hospitals and health centers, and creating 8,000 financial positions for the sector.
