Morocco Unveils $25 Billion Public Investment Plan for 2021

A share of 37%, or nearly 855.1 billion dirhams, of this envelope will be allocated to the General Budget. The special Treasury accounts (CST), the autonomously managed state services (SEGMA) are also on the list. Public establishments and enterprises will receive 36%, or 81.9 billion dirhams, according to the note from the Ministry of Economy, Finance and Administration Reform. The investment programs financed by the CST and not covered by the transfers from the general budget amount to 21.34 billion dirhams.

Regarding the investment programs of the EPPs, the overall budget amounts to nearly 81.9 billion dirhams. This sum will mainly cover the sectors of energy, telecommunications and housing. There is also agriculture, electricity, drinking water, phosphates and their derivatives, highways and air, maritime and rail transport.

The State Budget for the year 2021 amounts to 102,119,386,000 dirhams (excluding loan proceeds and excluding repayment of medium and long-term public debt). As for the residual financing needs of the Finance Act, the allocated amount is more than 43.90 billion dirhams, which is a drop of 4.35% compared to 2020. State budget expenditures amount to nearly 476.01 billion dirhams in 2021, a decrease of 6.2% compared to 2020 (507.49 billion dirhams).