Morocco Adopts 2026-2032 Public Financial Management Reform Strategy

Agadir – Morocco’s Ministry of Economy and Finance has adopted a new Strategic Framework for Public Financial Management Reform (CSR-PFM) for the 2026–2032 period. 

Launched on April 8, the strategy sets a comprehensive roadmap to strengthen the performance, sustainability, and transparency of public finances, 

It aims to consolidate gains achieved in recent years while placing future reforms within a unified strategic vision aligned with national priorities and the objectives of the New Development Model.

The strategy builds on findings from the PEFA Agile Morocco 2024 assessment, conducted in collaboration with key international partners, including the World Bank, the African Development Bank, the European Union, and the French Development Agency.

According to the assessment, Morocco’s public financial management (PFM) system shows overall robustness, supported by progress in budget reliability, disciplined budget preparation, and improved control over budget execution. 

However, the report identified areas requiring further improvement, notably the need for an integrated reform strategy and a structured action plan aligned with national priorities.

The ministry indicated that developing the CSR-PFM involved a consultation process with national stakeholders, including various departments within the Ministry of Economy and Finance, the Court of Auditors, Parliament, and other public institutions. 

This consultation resulted in defining key reform priorities to modernize Morocco’s PFM system. 

The first pillar focuses on performance, aiming to refine results-based budgeting, expand performance evaluation to state-owned enterprises, and improve coordination of public policies and investments.

The second pillar addresses sustainability, with measures to strengthen resource mobilization and establish comprehensive management of fiscal risks.

Transparency forms the third pillar, emphasizing improved access to public finance data, enhanced quality of government accounts, and the development of digital governance. It also includes continued efforts to digitize public administration.

The fourth puts an emphasis on inclusiveness, integrating gender, climate, and territorial dimensions into budget planning. 

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