Fitch maintains Morocco’s sovereign rating at BB+, but warns that investments for the 2030 World Cup could weaken public finances if costs overrun or if the state provides increased support to the companies in charge of the projects.
Abdellatif Jouahri remains among the world’s highest-rated central bank governors. However, Global Finance gives him an A- rating in 2026, after two consecutive years with an A.
A minimum pension of 3,000 dirhams, one million jobs, a sharp reduction in income tax and social assistance increased to 1,000 dirhams: the PAM has just unveiled several particularly ambitious commitments for the legislative elections.
Driven by the agricultural sector, the Moroccan economy is displaying growth of 4.9% in 2025 . This dynamic makes it possible to offset the slowdown in household consumption and other service activities.
Morocco’s economic growth is expected to decline to 4.2% in 2026. The Kingdom is being hit hard by global instability, rising energy prices and currency depreciation , despite inflation being rigorously controlled.
The Moroccan government is preparing to inject 20 billion additional dirhams into its 2026 budget. This envelope aims to shield the domestic market from the repercussions of the Middle East conflict and finance emergency climate measures.
Despite the surge in global energy prices , Morocco is displaying its resilience. The executive is banking on growth exceeding 5.3% in 2026, driven by robust foreign exchange reserves and an excellent agricultural season.
The city of Tangier will benefit from a high-level bus service project (BHNS or Bus Rapid Transit - BRT) spanning 20 kilometers. This project is part of a national program supported by the World Bank to modernize urban transportation.
Tangier will host in May a national forum to encourage Moroccans living abroad to invest in the country . The objective is to transform fund transfers into concrete high value-added projects for the national economy.
Since 2005, infrastructure has generated 20% of Moroccan growth according to the IMF. The country is accelerating its investments to reach 12% of GDP annually by 2030, aiming for a major economic leap despite the challenges related to public debt.
To prepare for the 2030 World Cup , Morocco is deploying a vast $4 billion investment plan. The goal is to increase hotel capacity by a fifth and consolidate its position as the tourism leader in Africa.
Morocco’s economy is expected to grow by 4.4% in 2026 , supported by major World Cup projects and record tourism. Coface highlights the Kingdom’s resilience in the face of slowing international trade.