2027 Finance Bill: Balancing Economic Growth and Social Protection

Minister of Finance, Mohamed Lamine Lebbou, introduced the 2027 Finance Bill to the National People's Assembly. The proposed legislation focuses on boosting productive investment, diversifying the economy, and safeguarding consumer purchasing power amid global economic fluctuations. The bill introduces administrative reforms, stricter tax compliance measures, and extends VAT exemptions on staple food items until the end of 2029. Projections suggest a 4.2% economic growth rate for 2027, following an estimated 4.3% growth in 2026, driven largely by the non-hydrocarbon sector. Significant budgetary allocations have been earmarked for price subsidies, and officials anticipate strengthening the Revenue Regulation Fund (FRR) thanks to improved fiscal performance.