Overview of the Council of Ministers Meeting
His Majesty King Mohammed VI chaired a Council of Ministers on Sunday, October 19, 2025, at the Royal Palace in Rabat. The meeting focused on several key areas, including the examination of the general guidelines of the 2026 Finance Bill, the approval of organic bills, two draft decrees related to the military field, and a set of international agreements and appointments to senior positions.
Key Points from the Finance Bill
According to the provisions of Article 49 of the Constitution, the Minister of Economy and Finance presented the main outlines of the 2026 Finance Bill before His Majesty the King. The bill was drafted in light of the High Royal Guidelines and Instructions, particularly those outlined in the recent speeches delivered on the occasion of the Glorious Throne Day and the opening of the legislative year.
The economic context is marked by global uncertainty, which affects growth prospects. However, the national economy is expected to grow by 4.8% this year, driven by recovery in domestic demand and the vitality of the productive fabric. Inflation is controlled at 1.1% at the end of August 2025, and the budget deficit is showing a steady recovery, standing at 3.5% of GDP.
Priorities of the 2026 Finance Bill
The 2026 Finance Bill focuses on four major priorities:
1. Consolidating Economic Achievements
This includes stimulating private investment, accelerating the efficient implementation of the Investment Charter, enrolling the Green Hydrogen Moroccan Offer, enhancing the business climate, strengthening public-private partnerships, and diversifying economic financing sources. Special attention will be given to small and medium-sized enterprises (SMEs) through new technical assistance mechanisms and financial support to boost investments and promote job creation.
Efforts will also focus on integrating youth and women into the labor market and mitigating the impact of drought on rural employment. Support programs for livestock breeders will continue to help rebuild the national herd.
2. Launching Next-Generation Integrated Local Development Programs
These programs aim to harness local specificities, strengthen regionalization, and reinforce solidarity between local entities. They will prioritize job creation for youth, education, and healthcare sectors, and local upgrading. Special attention will be given to regions facing severe precarity, such as mountainous and oasis areas, and the sustainable development of the national coastline.
In line with Royal Instructions, the budget for health and education sectors will be increased to MAD 140 billion, creating over 27,000 positions. Improvements in healthcare infrastructure and education system reforms will also be prioritized.
3. Consolidating the Pillars of the Social State
This involves implementing the Royal Project for the generalization of social protection, operationalizing the social aid program benefiting 4 million households, and upgrading child support allowances. It also includes expanding pension plans, generalizing severance pay, and continuing direct assistance for purchasing primary residences.
4. Pursuing Major Structural Reforms
This includes reforming the Organic Law on Finance Law, improving public bodies and companies, and modernizing the judicial system. These reforms aim to enhance accountability, achieve results, and ensure cross-cutting approaches in policy management.
Approval of Draft Organic Laws
Following the approval of the Finance Bill guidelines, four draft organic laws were adopted:
- Two draft organic laws relate to the House of Representatives and political parties.
- Two other draft laws address constitutional challenges and the Constitutional Court.
Military Draft Decrees
The Council of Ministers approved two draft decrees concerning the military. One relates to the special status of civil servants in the General Directorate of Information Systems Security, while the other amends the decree on the organization and management of the Royal School of Military Health Service.
International Agreements
The Council of Ministers approved 14 international agreements, including ten bilateral and four multilateral agreements. These cover judicial and military cooperation, social security, air services, mutual recognition of driving licenses, and the elimination of double taxation.
Appointments to Senior Positions
His Majesty the King appointed several Walis and Governors to the Territorial Administration, including Khatib El Hebil, Khalid Ait Taleb, Mhamed Atfaoui, and others. Additionally, Tarik Senhaji was appointed as President of the Moroccan Capital Market Authority.
