Morocco: 380 billion dirhams of public investment to accelerate territorial development

Public investment, encompassing local authorities (CT) and public establishments and enterprises (EEP), should see a sharp increase in 2026. According to the 2026 Finance Bill (PLF), it should increase from 340 billion dirhams in 2025 to 380 billion dirhams next year, an increase of 12%, reports Challenge. This emerges from the speech presenting the 2026 PLF delivered by the Minister of Economy and Finance, Nadia Fettah, before the Moroccan Parliament. This amount comes partly from the State General Budget (BGE), the Treasury Special Accounts (CST) and the State-managed autonomous services (SEGMA) with a total allocation of 133 billion dirhams, it is specified.

Other contributors: the EEPs. Their investments will reach 180 billion dirhams for the year 2026. They mainly cover the sectors of energy, telecommunications, housing, agriculture, electricity, drinking water, phosphates, highways and air, maritime and rail transport. The contribution of the CTs is estimated at 22.5 billion dirhams. It will be mainly dedicated to the establishment of infrastructure to improve the living conditions of citizens. It is also planned to invest in the extension and strengthening of road and sanitation networks, the construction of cultural, sports and leisure infrastructures, markets and public buildings as well as the development of gardens and green spaces.

With 45 billion dirhams, the Mohammed VI Fund (FMVI) for Investment will support public and private investment projects. "The government is committed to implementing the projects of the ’Emerging Morocco’, in order to achieve national development combining social justice and integrated territorial development," said the minister, noting that this project aims to accelerate "the implementation of structural projects and sectoral strategies. The 2026 PLF is intended to be a response to strong social expectations. In this sense, the government will make efforts in 2026 to strengthen the budgetary effort for the health and national education sectors, to reach a total envelope of 140 billion dirhams, an increase of 21 billion dirhams compared to 2025.