| Fathallah Oualalou | |
| Office: | Minister of Economy and Finance |
| Term Start: | March 1998 |
| Term End: | October 2007 |
| Predecessor: | Driss Jettou |
| Primeminister: | Abderrahmane Youssoufi Driss Jettou Abbas El Fassi |
| Successor: | Salaheddine Mezouar |
Fathallah Oualalou (Arabic: فتح الله والعلو) (born 1942 in Rabat)[1] is a Moroccan politician. He was the mayor of Rabat from 2009 to 2015. He was the Minister of Economy and Finance of Morocco between March 1998 and October 2007.[2] He is a member of the Socialist Union of Popular Forces party (USFP).
Oualalou graduated in economics from the Mohammed V University in Rabat, going on to obtain a "Diplôme d'études supérieures" (DES) in economics in Paris in 1966.