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2027 Finance Bill: Government focus on revenue diversification and purchasing power

2027 Finance Bill: Government focus on revenue diversification and purchasing power

Finance Minister Mohamed Lamine Lebbou outlined the 2027 Finance Bill, emphasizing the goal of diversifying state revenue and integrating informal funds into the formal economy. Addressing Parliament, the minister highlighted the balance between fiscal discipline and maintaining the state's social commitment. The bill aims to boost non-hydrocarbon sectors, including start-ups and agriculture, while enhancing tax collection and compliance. To mitigate inflation, the government is prioritizing market regulation, strategic reserves, and digitization to facilitate targeted social subsidies. Regarding public debt, the minister stated it remains under control and is almost entirely domestic, ensuring economic autonomy. Parliamentary groups supported the reform agenda while calling for faster digitization, improved public spending efficiency, and a transition from general subsidies to direct aid for households.