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Tuesday, October 20, 2026English edition
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The Geopolitician

Country risk, from the local press

Morocco · Country watch

2027 Budget Adopted, Diphtheria Alert Issued

Morocco's government approves the 2027 budget, while a diphtheria outbreak prompts a health alert from the US embassy.

· · 11 sources

The picture Mixed

Morocco's business environment is mixed today. The adoption of the 2027 budget sets the fiscal agenda, while a diphtheria alert raises health concerns. Exchange rate updates affect trade.

Flare-up watch: Calm · Heightened vigilance for staff and travel — Morocco country watch →

In this briefing Fatima Ezzahra El Mansouri · Moroccan Government · US Embassy in Rabat · Moroccan Ministry of Health · Bank Al-Maghrib

Regulation

  • Public sector
  • Finance

2027 Budget Adopted by Moroccan Government

a group of people walking down a street next to a castle
SnapSaga / Unsplash

The Moroccan government, under the leadership of Prime Minister Fatima Ezzahra El Mansouri, has adopted the 2027 budget law, according to Telquel. The budget, known as Projet de Loi de Finances n° 60.26, was approved during a government council meeting in Rabat. The new budget outlines the government's financial priorities for the upcoming fiscal year and is expected to influence economic policy and public spending.

Impact Public-sector projects and financial planning will proceed under the new 2027 budget, affecting government contractors and financial institutions.

Watch The budget will be discussed and voted on by the Chamber of Representatives on 22 October. · 22 October 2026

Sources: Telquel ↗, La Vie Eco ↗, yabiladi.com ↗

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

  • Public sector
  • Pharma

US Embassy Issues Diphtheria Alert in Morocco

The US Embassy in Rabat has issued a health alert regarding a limited diphtheria outbreak in Morocco, as reported by Tanja7. The Moroccan Ministry of Health and Social Protection announced the outbreak on 28 September 2026, with cases appearing in several regions. Health teams are currently tracking contacts and providing preventive treatment and vaccines.

Impact Pharmaceutical companies and public health services are mobilizing resources to address the diphtheria outbreak, affecting healthcare providers and vaccine suppliers.

Sources: Tanja7 ↗

Companies

Nothing significant reported today.

Markets

  • Finance

Dirham Exchange Rates Update Against Major Currencies

Bank al Maghrib after adding Tifinagh
Bank al Maghrib after adding Tifinagh Bananakingler, CC0 via Wikimedia Commons

The exchange rates for the Moroccan dirham against major foreign currencies have been updated, according to Agadir 24. As of 20 October 2026, the dirham is trading at 10.0944 to 11.7314 per euro, 8.98800 to 10.4456 per US dollar, and 11.9970 to 13.9430 per British pound, based on data from Bank Al-Maghrib.

Impact Importers and exporters dealing in euros, US dollars, and British pounds will adjust their pricing and contracts based on the updated exchange rates.

Sources: Agadir 24 ↗

Trade

Nothing significant reported today.

Politics

Nothing significant reported today.

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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