Fouzi Lekjaa: Morocco Expects Growth Above 5.3% Despite Global Crisis
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Fouzi Lekjaa: Morocco Expects Growth Above 5.3% Despite Global Crisis
Summary:
- Morocco’s Budget Minister Fouzi Lekjaa announced that the 2026 Finance Law implementation shows economic resilience and stable public finances amid global energy price shocks.
- Oil and gas prices surged due to Middle East instability and Hormuz disruptions; oil averaged $102/barrel, peaking $119, with large increases in diesel, butane gas, fuel oil, and natural gas.
- Public finances: government maintained support to protect purchasing power, spending hundreds of
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