The Moroccan House of Representatives has approved a draft budget for 2025 amounting to approximately 721 billion dirhams ($72.1 billion), marking a 13% increase from the previous year's budget of 638 billion dirhams ($63.8 billion).
The budget anticipates an economic growth rate of 4.6% and aims to address social justice, productive investment, and sustainable management of natural resources, particularly water.
The Central Bank of Morocco has maintained the interest rate at 2.75% while projecting inflation to stabilize at around 2% for 2025, following a significant rise in 2023 due to commodity price increases and prolonged drought conditions.
