Facing the global crisis, Morocco opens its checkbook

Faced with soaring prices, the Moroccan state is taking on a major part of the cost of butane gas. The Minister of the Budget, Faouzi Lekjaa, specified that the government will now subsidize each 12 kg bottle to the tune of 78 dirhams. This aid of 600 million dirhams per month makes it possible to maintain the domestic price at 50 dirhams, thus preventing consumers from paying double the current price.

On Bladi.net: Hard blow for Moroccans: diesel and gasoline prices are soaring again

Electricity rates will also remain unchanged for households and industries. Despite the rise in the prices of fuel oil, natural gas and coal, the executive has decided to freeze the bills thanks to a monthly envelope of 400 million dirhams. This decision aims to stabilize the national economy in the face of the extreme volatility of international commodity markets.

On Bladi.net: Gas and electricity prices in Morocco: the government makes a radical decision

Finally, a support of 648 million dirhams is allocated to professional carriers. They will receive aid of 3 dirhams per liter of fuel consumed between mid-March and mid-April, a period marked by a surge in pump prices. This emergency system is intended to maintain fixed rates for the transport of people and goods, thus limiting inflation on everyday consumer products.