Morocco to Raise Prices on Essential Goods as Subsidy Reform Begins
17 November 2023
Due to an announced decompensation, the prices of certain consumer products such as gas, flour and sugar will be more expensive for Moroccan consumers.
Compensation Fund
Morocco to Overhaul Subsidy System as Rich Benefit More Than Poor, Budget Minister Says
2 November 2023
The delegate minister to the Minister of Economy and Finance, in charge of the Budget, Fouzi Lekjaa, revealed during a general debate on the 2024 Finance Bill in the House of (…)
Morocco Extends Subsidies on Essential Goods, Easing Cost of Living Pressures
23 October 2023
The Moroccan government has decided to maintain subsidies for butane gas, sugar and flour for the 2024 fiscal year, the budget for which is estimated at 16.36 billion dirhams (…)
Morocco Spent 22 Billion Dirhams on Gas Subsidies in 2022, Finance Ministry Reports
24 January 2023
The subsidies granted for gas cost the state budget 22 billion dirhams last year, according to data provided by the Ministry of Finance.
Morocco Rejects Fuel Subsidies, Citing $10 Billion Price Tag
19 November 2022
Insistently demanded by transport unions, due to the rise in pump prices, subsidizing fuel would cost the state 100 billion DH, according to the government spokesman.
Morocco Slashes Budget Deficit by 47% as Tax Revenues Surge
15 November 2022
At the end of last October, Morocco’s budget deficit eased, standing at 25.1 billion DH against 47 billion DH a year earlier, according to the statement of Treasury charges and (…)
Morocco Maintains Subsidies on Gas, Sugar and Bread Amid Global Price Pressures
2 November 2022
Despite the international situation, the Moroccan government will maintain subsidies to ensure price stability for butane gas, wheat and sugar on the domestic market in 2023.
Morocco’s Subsidy Costs Soar 16 Billion Dirhams Above Budget as Global Prices Surge
10 June 2022
The explosion in compensation fund expenses observed since the beginning of the year continues. At the end of May, the charges increased by 16 billion dirhams compared to the (…)
Morocco’s Food Subsidies Surge 87% as Government Tackles Rising Global Prices
19 May 2022
In order to mitigate the effects of the rise in world prices and raw material prices, the government has resorted to subsidies. As of the end of April, compensation expenses (…)
Morocco Boosts Compensation Fund by 15 Billion Dirhams Amid Price Hikes and Drought
19 April 2022
Due to the rise in prices linked to the Russian-Ukrainian crisis and the drought that has been raging in the kingdom since the beginning of the year, the budget of the (…)