Roadmap for Financial Sustainability: Lakhja Outlines the Future of the Moroccan Economy by 2028
In a bid to put the national economy on a path toward sustainability, Fouzi Lakhja, the Minister Delegate in Charge of Budget, presented today, Monday, at the House of Representatives, the results of the implementation of the 2025 Finance Law, outlining a clear vision for the next three years.
Lakhja emphasized that the goal is not merely to reap the benefits of a single fiscal year, but to lay the foundations for “financial sustainability” that strikes a balance between economic discipline and social protection. In this context, the government has committed to reducing treasury debt to 64% of GDP by 2028 while keeping the budget deficit within 3%, which the minister described as a “balanced budgetary discipline.”
On the social front, the presentation noted an increase in the social protection budget to 37.7 billion dirhams, reflecting a commitment to ensuring that financial balance does not come at the expense of citizens’ social gains. Lakhja affirmed that the Moroccan model is built on the dual pillars of “economic efficiency” and “social justice,” bolstered by foreign investment inflows reaching 5 billion dollars.
The minister pointed out that these indicators position Morocco as a key player in global value chains, qualifying it for a major leap that enhances its resilience against international fluctuations, under a royal vision prioritizing investment in human capital and economic sovereignty.
