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Wednesday, October 14, 2026English edition
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The Geopolitician

Country risk, from the local press

Morocco · Country watch

Pharma Price Revisions, Treasury Deficit Drops

Morocco revises pharma price rules; Treasury deficit narrows, easing fiscal pressure.

· · 11 sources

The picture Improving

Business conditions in Morocco are improving with the Treasury deficit narrowing and pharmaceutical price regulations updated, easing fiscal and market pressures.

In this briefing Ministry of Health (Morocco) · Trésorerie Générale du Royaume · Fathima Zahra Mansouri · Government of Morocco

Regulation

  • pharma

Morocco Revises Pharma Price Review Period

people walking on alleyway
Asif Khan / Unsplash

Morocco has updated its pharmaceutical pricing regulations, reducing the price review period from five to three years, according to Telquel. This change, effective from a decree in July, also mandates a transitional review of prices for medications already on the market within 12 months of the decree's enforcement. The reform aims to streamline the pricing process and ensure more frequent adjustments to reflect market conditions.

Impact Pharmaceutical companies must adjust to more frequent price reviews, impacting pricing strategies and revenue forecasts.

Sources: Telquel ↗

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

Nothing significant reported today.

Markets

  • finance

Morocco's Treasury Deficit Narrows by 17.3 Billion MAD

Morocco's Treasury deficit decreased to 33.3 billion dirhams by the end of September, improving by 17.3 billion dirhams compared to the previous year, Aujourdhui reports. This improvement is attributed to an increase in ordinary revenues, particularly tax revenues, while ordinary expenditures also rose. The data from the Trésorerie Générale du Royaume indicates a positive fiscal trend, providing some relief to the government's financial management.

Impact Lenders and investors in Moroccan government bonds see improved fiscal conditions as the Treasury deficit narrows.

Sources: Aujourdhui ↗

Trade

Nothing significant reported today.

Politics

  • public-sector

Tax Challenges Await New Moroccan Government

Government of Morocco
Government of Morocco Wikimedia Commons, Public domain via Wikimedia Commons

The newly formed Moroccan government, led by Prime Minister Fathima Zahra Mansouri, faces significant tax challenges as it prepares the 2027 finance bill, according to Hespress. The government must evaluate previous tax reforms and consider adjustments affecting investment, production, and employment, particularly for small and medium enterprises. The pressure on financial resources is increasing amid rising costs.

Impact Small and medium enterprises face potential tax changes impacting their financial planning and operations.

Sources: Hespress ↗

Also today in Morocco

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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