Morocco has launched a new six-year strategy to overhaul its public financial management system, aiming to strengthen transparency, sustainability and the efficiency of public spending, the government said.
The framework, covering the period 2026–2032, was adopted by the Ministry of Economy and Finance of Morocco and unveiled on April 8 as part of broader efforts to modernise public finances and align reforms with national development priorities.
Officials said the strategy seeks to consolidate progress made in recent years while providing a unified roadmap for future reforms under the country’s New Development Model.
The plan is built on findings from the 2024 Public Expenditure and Financial Accountability (PEFA) assessment, carried out in collaboration with international partners including the World Bank, the African Development Bank, the European Union and the French Development Agency.
The assessment found Morocco’s public financial management system to be broadly robust, citing improvements in budget reliability, disciplined budget preparation and stronger oversight of budget execution.
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However, it also highlighted areas requiring further progress, including the need for a more integrated reform strategy and a structured action plan aligned with national priorities.
According to the ministry, the new framework was developed through consultations with a wide range of domestic stakeholders, including government departments, parliament and the Court of Auditors.
The strategy is structured around four main pillars aimed at modernising public finance management.
The first pillar focuses on performance, with measures to strengthen results-based budgeting, expand performance evaluation to state-owned enterprises and improve coordination of public investment.
The second pillar targets sustainability, seeking to enhance resource mobilisation and establish a more comprehensive framework for managing fiscal risks.
Transparency forms the third pillar, with plans to improve access to public financial data, enhance the quality of government accounts and expand digital governance systems.
Authorities also aim to accelerate the digitisation of public administration as part of broader reforms to improve accountability and efficiency.
The fourth pillar emphasises inclusiveness, integrating gender, climate and regional considerations into budget planning to ensure more equitable and sustainable development outcomes.
Analysts say the strategy reflects Morocco’s ongoing efforts to strengthen fiscal governance and build resilience in a context of global economic uncertainty.
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They note that improving transparency and accountability in public finances could help attract investment and enhance confidence among international partners.
If effectively implemented, the reforms are expected to support better allocation of public resources and improve service delivery across key sectors.
The initiative underscores Morocco’s ambition to align its fiscal management practices with international standards while addressing domestic development challenges over the coming years.
