Economic growth is projected at 5.3pc this year before reaching around 4.2pc by 2029, according to government forecasts accompanying the 2027 Finance Bill.
The projections are contained in the Budget Implementation and Three-Year Macroeconomic Framework Report published by the Ministry of Economy and Finance.
Non-agricultural value added is expected to grow by an average 4.2pc a year over the 2027-29 period.
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The secondary sector is projected to grow by 4.3pc annually, driven by industry, while trade and services are expected to grow by 4.1pc.
Agricultural value added is also expected to grow by an average 4.3pc.
The projection assumes annual cereal production of around 70 million quintals, along with continued development of other agricultural production chains.
On public finances, the government is targeting a budget deficit of 3pc of GDP in 2027, 2028 and 2029.
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Public debt is projected to fall to 63pc by 2029.
The three-year framework calls for control of the public-sector wage bill and administrative operating expenditure, as well as improved efficiency of public investment spending.
The government prepared the projections against an international environment marked by geopolitical volatility and economic pressures.
