##  Morocco's Budget Gap Widens to Nearly $5 Billion

**Deficit Soars as Spending Outpaces Revenue**


The Moroccan government faced a budget deficit of MAD 53.7 billion ($5.3 billion) by the end of July 2025, according to figures released by the General Treasury of the Kingdom (TGR).  This represents a sharp increase from the MAD 35.3 billion deficit recorded in July 2024.

“A negative balance of MAD 4.8 billion was generated by the Treasury’s special accounts,” the TGR reported.




##  Morocco's Budget Gap Widens to Nearly $5 Billion

**Deficit Soars as Spending Outpaces Revenue**


The Moroccan government faced a budget deficit of MAD 53.

#Budget deficit

Morocco's Budget Deficit Reaches MAD 53.7 Bln at End of July

#Budget deficit

Morocco&#039;s Budget Deficit Reaches MAD 53.7 Bln at End of July

Morocco's Budget Deficit Reaches MAD 53.7 Bln at End of July