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Home > Economy > Moroccan Parliament Approves 2025 Finance Bill with Majority Vote

Moroccan Parliament Approves 2025 Finance Bill with Majority Vote

Morocco’s House of Representatives approved on Friday the 2025 Finance Bill (No. 60.24) with a significant majority. The bill received support from 171 deputies, while 56 voted against it, and one abstained.

Sara ZouitenbySara Zouiten
Nov, 15, 2024
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Moroccan Parliament Approves 2025 Finance Bill with Majority Vote

Moroccan Parliament Approves 2025 Finance Bill with Majority Vote

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Rabat – Morocco’s House of Representatives approved on Friday the 2025 Finance Bill (No. 60.24) with a significant majority. The bill received support from 171 deputies, while 56 voted against it, and one abstained. 

The vote followed an examination of the second part of the bill earlier in the session.  Chaired by Rashid Talbi Alami, the session saw the government respond to parliamentary feedback on the bill’s priorities and vision. 

Fouzi Lekjaa, the Minister Delegate in charge of the Budget, spoke of the political nature of the 2025 Finance Bill, saying it balances between addressing current realities and offering strategic solutions.  

According to Lekjaa, the framework of the 2025 Finance Bill is guided by three main pillars. The first is rooted in the royal directives outlined in King Mohammed VI’s speeches, which emphasize the importance of social justice, sustainable development, and fostering investment. 

The second pillar is the New Development Model, which prioritizes economic diversification and the creation of job opportunities. 

Meanwhile, the third pillar is the government program, which focuses on establishing a socially-oriented state, enhancing the competitiveness of the national economy, and reinforcing governance across various levels.  

Government representatives praised the Finance Bill as a reflection of Morocco’s social priorities. They underlined measures to support citizens’ purchasing power, raise wages, and sustain subsidies for essential goods and health coverage.

They noted that the government has allocated MAD 45 billion for social dialogue initiatives through 2026 and increased budgets for critical sectors like health and education.

Economic and budgetary indicators presented during the session included a rise in public investment, reaching MAD 340 billion.

During the session, employment was identified as a key focus, with MAD 14 billion allocated for implementing a roadmap to boost job creation, particularly for youth.  

Ministers also detailed ongoing efforts to advance sectoral reforms in areas such as industry, trade, and urban development.

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