Mohammed VI sets out the priorities of the 2026 Finance Bill: a commitment to young people and social justice
- Key messages conveyed by the King
- Approval of four draft organic laws
- Finance Bill 2026
- The Moroccan market shuns bearish sentiment
- International agreements and new appointments
The King of Morocco, Mohammed VI, presided over the meeting of the Council of Ministers at the Royal Palace in Rabat. The meeting discussed key issues for the future of the country, particularly the 2026 Finance Bill, as well as laws, decrees, international agreements and the appointment of new governors and public officials.
Key messages conveyed by the King
The meeting confirms the genuine desire to create an inclusive, stable and forward-looking Morocco, where social justice, territorial equity and citizen participation are fundamental to progress.
The ratification of the new laws promoted by Mohammed VI is an example of his ability to listen, his sensitivity and his capacity to act on the most relevant concerns of the Moroccan population.
These actions demonstrate the King's intention to encourage communication, reduce the gap with regard to real problems and move towards development, as he indicated in his inaugural speech to Parliament.
Approval of four draft organic laws
During the Council of Ministers, four draft organic laws were approved, two of which refer to the House of Representatives and political parties. Both have the same objective: to bring politics closer to the citizens. The Council's intention is to promote human capital. Among the main measures are:
- Financial incentives for young candidates under 35, with 70% reimbursement of campaign expenses.
- Regional quotas reserved for women, as a step towards parity
- More flexible conditions for independent candidates.
- Strengthening electoral integrity with more severe penalties and automatic exclusion of candidates convicted of fraud or crimes against public ethics.
The other two draft organic laws, however, relate to the Constitutional Court. The first of these adopts two new decrees in the military sphere.
The first establishes the implementation of a special regime for civil servants belonging to the Directorate-General for Defence Information Systems Security; and the second reorganises the Military Health Service School, adapting it to the reform of the national health system.
Finance Bill 2026
Also known as the general state budget, the Finance Bill has four main priorities: stimulating private investment and rolling out the Investment Charter; promoting Morocco's green hydrogen offer; supporting micro, small and medium-sized enterprises as drivers of local employment; and consolidating the welfare state, with widespread protection and direct aid to four million households.
Economic achievements and high positioning
Consolidating its position as an emerging country is the central government's top priority. In this regard, the Finance Bill aims to stimulate private investment, accelerate the implementation of a new ‘Investment Charter’, and promote ‘Morocco's Green Hydrogen Offer’, a strategic initiative that signals Morocco's commitment to clean and sustainable energy.
To achieve this, the Administration will place special emphasis on small and medium-sized enterprises by creating a new system of financial and technical support to help them and enable greater job creation, better investment capabilities and, above all, introduce the younger population into the world of work, giving them a space to learn.
Creation of state development programmes
With this new plan, the idea is to promote projects tailored to the needs and characteristics of each region of the country. It seeks to promote equal opportunities and make the ‘two-speed Morocco’ a thing of the past. As in the previous point, this new system of development programmes seeks to give young people a place in key areas such as health and education.
This initiative will be aimed at populations living in the most mountainous areas, where resources are more limited and the potential for growth is greater.
Strengthening the welfare state
This was undoubtedly one of the points on which the King placed the most emphasis. Mohammed VI insisted on continuing to implement projects and programmes that offer real social protection. According to the monarch, these initiatives will benefit more than four million households.
The basis of this programme is comprehensive health coverage, direct aid to families and increased child benefits, which could reach 100 dirhams per child. Similarly, support will be provided to orphans and unaccompanied minors.
In order to undertake all these tasks, a budget of more than 14 billion euros will be allocated and more than 27,000 new jobs will be created. The investment will see new hospitals and health centres opened in Agadir, Laayoune, Rabat, Beni-Mellal, Guelmim and Errachidia. Existing facilities will also be renovated.
Finally, in the field of education, the priority will be to guarantee access to pre-school education, improve the quality of teaching and offer more school support.
Structural and governance reform
Finally, the government wants to update the Organic Law on Finance to make it more modern and transparent in order to prevent possible cases of corruption. The reform of public companies and establishments will also be accelerated to make them more efficient and improve their performance. Another key point is the modernisation of the judicial system, with the aim of bringing justice closer to citizens and strengthening investor confidence.
The Moroccan market shuns bearish sentiment
Minister of Economy and Finance Nadia Fettah Alaoui presented the main lines of the new state budget for 2026. She noted that the economic plan was drawn up based on the King's instructions with the aim of maintaining social stability in a complicated international context.
In a world where volatility has taken hold in the financial markets, Morocco has achieved great results. With growth of more than 4.9% forecast for this year, the country has made great strides in domestic demand and non-agricultural industry.
Controlling inflation at 1.1% is the government's greatest achievement. These figures place Morocco's macroeconomy among the countries with the best levels of economic control. Nadia also highlighted the 3.5% reduction in the deficit in relation to gross domestic product (GDP), the result of responsible management of public finances. According to the Ministry of Finance, these results ‘are proof that the kingdom's economic policies are working’.
According to the economic report presented, Morocco's GDP has quadrupled in 25 years, reflecting a sustained and equitable transformation.
International agreements and new appointments
Finally, the Council of Ministers chaired by Mohammed VI also approved 14 international agreements, ten of which are bilateral and four multilateral. These agreements cover areas such as military and judicial cooperation, air services, social security and the recognition of driving licences. Among the multilateral agreements, those relating to maritime transport and the establishment of African organisations' headquarters in Morocco are particularly noteworthy.
Finally, the King appointed several Walis and Governors for different regions and provinces of the Kingdom, such as Marrakech-Safi, Fez-Meknes, the Eastern region, Casablanca-Anfa, Zagora, Taza and Chefchaouen, among others. He also appointed Tarik Senhaji as the new president of the Moroccan Capital Market Authority.