The 2025 Finance Bill, approved by the House of Representatives, aims to promote social justice, economic growth and sustainability by improving the well-being of citizens and encouraging investment.
Morocco’s House of Representatives approved the 2025 finance bill (n°60.24) by a large majority on Friday. The text received the support of 171 deputies, while 56 voted against and one abstained.
The vote followed the examination of the second part of the bill at the start of the session. Chaired by Rashid Talbi Alami, the session saw the government respond to Parliament’s comments on the priorities and vision of the bill.
Fouzi Lekjaa, Minister Delegate in charge of the Budget, spoke of the political nature of the 2025 finance bill, affirming that it balances between taking into account current realities and offering strategic solutions.
According to Lekjaa, the framework of the 2025 finance bill is based on three main pillars. The first draws on the royal directives described in the speeches of King Mohammed VI, which emphasize the importance of social justice, sustainable development and the promotion of investment.
The second pillar is the New Development Model which prioritizes economic diversification and the creation of employment opportunities.
The third pillar is the government program, which focuses on establishing a socially oriented state, improving the competitiveness of the national economy and strengthening governance at different levels.
Government representatives welcomed the finance bill, which reflects Morocco’s social priorities. They highlighted measures to support citizens’ purchasing power, raise wages and maintain subsidies for essential goods and medical coverage.
They noted that the government has allocated 45 billion dirhams for social dialogue initiatives until 2026 and increased budgets for critical sectors like health and education.
The economic and budgetary indicators presented during the session recorded an increase in public investment, reaching 340 billion dirhams.
During the session, employment was identified as a priority area, with 14 billion dirhams allocated to the implementation of a roadmap to boost job creation, particularly for young people.
The ministers also detailed ongoing efforts to advance sectoral reforms in areas such as industry, commerce and urban development.
MK/SF/te/APA
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