resenting to the finance committees of both chambers, Economy and Finance Minister Nadia Fettah lifted the 2026 growth forecast to 5.3%, seven tenths of a point above the assumption written into the finance law.
The revision rests first on the land: agricultural value added would rise 15.1% after several years of drought, while non-agricultural activity would hold at 4.2%.
Inflation stayed at 0.5% over the first five months, and the government expects 1.5% across the year. Ordinary receipts jumped 15.4%, and the executive announced a deficit held at 3% of GDP through 2029.
The figure exceeds those of the two institutions whose business it is to temper government optimism: the High Commission for Planning had forecast 4.8% two days earlier, Bank Al-Maghrib 5.2%.
The fact remains that the growth rests on a harvest, variable by nature, and that a deficit frozen at 3% assumes four successive budgets held to the same line.
Photo: TelQuel.
Chambre des Représentants - 2026 Finance Law execution and 2027-2029 budget programming, presented to the finance committees (22 July 2026)
