Morocco Allocates $15 Billion for Health and Education in 2026 Budget

RABAT, Morocco – Morocco’s royal palace announced on Sunday that the country’s 2026 budget will allocate 140 billion dirhams (approximately $15 billion) to health and education. This funding represents a 16% increase from the previous year.

This move aims to address the demands of youth who have recently demonstrated across the nation for better services in these critical sectors. The proposed budget for health and education is expected to account for around 10% of Morocco’s GDP.

During a ministerial council meeting chaired by King Mohammed VI, Minister of Economy and Finance Nadia Fettah presented the draft finance bill. She highlighted that the bill aligns with royal directives and aims to respond to current global economic uncertainties.

Fettah projected a 4.8% growth rate for Morocco’s economy in 2026, driven by increased domestic demand and growth in the non-agricultural sector. She noted that inflation is expected to be controlled at 1.1% by the end of the year.

The new budget also emphasizes reducing regional inequalities, with detailed discussions set to occur after the finance minister presents it to parliament next week. The proposals include support measures for candidates under 35 years old, aiming to enhance youth participation in the political process.

The finance bill outlines initiatives to strengthen the national vision of “Emerging Morocco,” focusing on investment, social justice, and integrated territorial development. These initiatives include supporting small and medium-sized enterprises, which are considered vital for job creation and regional balance.

Additionally, the budget provisions for creating 27,000 new job positions in healthcare and education, while also funding significant hospital projects across the country. This includes new facilities in Agadir and Laayoune, as well as renovations in existing hospitals.

Morocco plans to continue enhancing its social state through the implementation of various supports, including child allowances for families and expansions in retirement and unemployment benefits. The draft law signifies a commitment to achieve both fiscal stability and social progress, reinforcing Morocco’s long-term development strategy.