Morocco Plans Record $33 Billion Public Investment for 2024

In detail, this investment is intended for the Mohammed VI Fund for Investment (45 MMDH), the Public Establishments and Enterprises - EEP (152 MMDH), the special Treasury accounts (CST) and the autonomously managed state services - SEGMA (103 MMDH), local authorities (20 MMDH) and the Special Fund for Managing the Effects of the September 8 Earthquake (15 MMDH), according to the presentation note of the 2024 PLF, published on the website of the Ministry of Economy and Finance.

During the presentation of the 2024 PLF before the two chambers of parliament, the Minister of Economy and Finance announced that the planned investments for the CST will be used in particular to strengthen the national road network and to implement support programs for the agriculture, water and forestry, audiovisual, housing, justice, culture, sports and socio-educational sectors. The investment programs of the SEGMA amount to 286.31 million dirhams (MDH).

As for the local authorities, their investment budgets will be mainly devoted to the realization of infrastructures aimed at improving the living conditions of the populations. The focus will be on 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.

The energy, telecommunications, housing, agriculture, electricity, drinking water, phosphates and derivatives, highways and air, maritime and rail transport sectors will be the beneficiaries of the investment programs of the EEPs.