Morocco’s Finance Law execution at end-June 2026 shows a reduced budget deficit of 20.2 billion dirhams, down from 24.9 billion a year earlier. Ordinary resources reached 357.8 billion dirhams against 377.9 billion in spending. Total resources stood at 418.2 billion, while expenditures hit 413.2 billion, reflecting moderate progress in budget forecasts during the first half.