Morocco’s finance ministry on Monday submitted to parliament its 2026 draft budget totalling more than 760 billion dirhams ($83 billion), up 5.5% from a year ago.

The government expects economic growth to slightly slow to 4.6% next year from 4.8% in 2025.

Morocco will allocate 140 billion dirhams ($15 billion) to health and education in the 2026 budget, a 16% increase compared to last year.

The office of King Mohammed VI said the kingdom would create 27,000 public sector jobs in these two areas.

"The focus will be on improving the health infrastructure offering," the king's office said in a statement after a cabinet meeting on Sunday.