Morocco Opens Additional Budget Credits to Shield Gas and Electricity Prices From Middle East Shock – The North Africa Post
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[Morocco is preparing to increase its public spending massively in the face of the spillover effects of the Middle East conflict, which raise fears of new energy and inflationary pressures on highly import-dependent economies.] Key Points: • Morocco plans to allocate an additional $2 billion to its 2026 budget in order to limit the impact of shocks [...]
Morocco Raises 2026 Budget by $2 Billion to Ease Impact of Middle East War
Morocco plans to increase its 2026 annual national budget by MAD 20 billion ($2.1 billion) to cushion the economy from the fallout of the Middle East conflict and rising energy costs, according to Reuters, citing a government source.
Morocco Opens Additional Budget Credits to Shield Gas and Electricity Prices from Middle East Shock – The North Africa Post
The government council adopted on Thursday a decree, opening supplementary budget appropriations to the general budget for fiscal year 2026, to finance a set of protective measures made necessary by the economic spillover from the Middle East conflict. Government spokesperson Mustapha Baitas confirmed the measure at a post-council press conference, framing it as urgent in […]
Morocco plans budget hike to offset energy inflation
Morocco is reportedly planning to increase its budget to mitigate the impact of higher energy costs resulting from the Middle East conflict. The 2026 budget is likely to be raised by MAD20 billion ($2 billion), Reuters reported, citing an unidentified government official. The additional spending will support the local economy as the country relies mostly on imported oil, gas and coal. Morocco does not have its own oil refining capacity. Its budg…
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