Opposition in Morocco: Government created a 30 billion dirham deficit by delaying pension reform
Points clés
- Moroccan MP announced that the government's postponement of the reform increased the accumulated deficit of the funds to 60 billion dirhams.
- Delays during the current government's term caused a new pension deficit of 30 billion dirhams.
- The pension system covers approximately 7.5 million Moroccan citizens and 4 different funds.
- The opposition argues that these delays threaten the sustainability of the pension systems.
In Morocco, Member of Parliament for the Justice and Development Party, Mustapha el-Ibrahimi, accused the Akhannouch government of avoiding reforms in the pension systems. He stated that the government leaving the decisive steps on this issue to the next government demonstrated a lack of political will and a postponement of the crisis.
Ibrahimi stated that the government's postponement policy has brought the accumulated deficit of pension funds to approximately 60 billion dirhams. He emphasized that the policies of delay and waiting during the current government's term constitute about 30 billion dirhams of this deficit.
Stating that the sustainability of the pension file, which concerns 7.5 million Moroccans in four separate funds, is under threat, Ibrahimi called for urgent structural reforms. Furthermore, he criticized the lack of concrete progress in the targets for expanding pension insurance in non-agricultural sectors, which were projected for the 2025-2026 period and would cover 5 million people.
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