Morocco’s state budget deficit decreased slightly by 3.6% YoY to MAD 40.2 bln (USD 4.06 bln) in the first eight months of 2024, compared to MAD 41.7 bln (USD 4.21 bln) in the same period last year. Total revenues increased by 11.9% YoY to MAD 227.74 bln, reaching 67.1% of the annual budget projections outlined in the 2024 Finance Law.