- Acceleration of preparations for the 2030 World Cup and AFCON 2025 The year 2025 was marked by the realization of major infrastructure projects linked to international sporting deadlines. Morocco intensified its investments in urban modernization and next-generation sports facilities. The emblematic Grand Stade Hassan II project in Casablanca reached decisive milestones, while the expansion of airport and hotel infrastructure was accelerated to meet record tourism flows. These projects serve as a growth engine for the construction sector and boost the attractiveness of foreign direct investment (FDI).
- Implementation of the 2025 Finance Law: Consolidation of the Social State The deployment of priorities set by the 2025 Finance Bill (PLF) continued with a major focus on structural and social reforms:
• Implementation of the social state: Completion of the generalization of social protection and sustainability of the direct social assistance system. Health and education reforms benefited from increased budgets to improve local services.
• Tax reforms: Application of a 50% reduction in income tax on retirement pensions received in 2025, aimed at supporting purchasing power before the full exemption planned for 2026.
• Sovereignty and defense: Effective mobilization of the defense budget (133 billion dirhams) to strengthen military capabilities and develop a sovereign national defense industry. - Record dynamism of the tourism sector Tourism confirmed its position as a pillar of the Moroccan economy in 2025. Thanks to enhanced air connectivity and a strategy of diversifying source markets, the Kingdom recorded double-digit growth in its revenues. Spanish tourism, in particular, remains a key driver, consolidating Morocco as a leading destination and opening up vast investment opportunities in hospitality and digital services.
- Energy transition and water sovereignty The year 2025 marked a turning point in the management of natural resources with the acceleration of strategic projects:
• Green hydrogen and renewables: Launch of new production phases to position Morocco as a global energy hub.
• Seawater desalination: Major progress in desalination plant projects to counter water stress and secure supply for industrial and agricultural hubs.
Conclusion The year 2025 reflects a Moroccan economy in full transformation. Between the acceleration of major infrastructure projects, the implementation of deep social reforms, and an ambitious energy strategy, the country strengthens its resilience and confirms its attractiveness to international investors. The growth trajectory observed this year lays solid foundations for 2026 and beyond.