Akhannouch leads emergency economic review as Middle East tensions rise

The meeting in Rabat focused on monitoring how the current international situation could affect Morocco’s economy, particularly in energy, transport and food supply chains.

Officials said the country’s energy reserves remain at “reassuring levels” and that the supply of agricultural products and essential goods to the domestic market continues under normal and regular conditions.

Government departments presented detailed reports on the effects of global developments on different economic sectors. Authorities also said Morocco’s foreign currency reserves currently cover about six months of imports.

To limit the impact on consumers, the government decided to continue direct and exceptional financial support for road transport professionals in both the freight and passenger sectors.

Officials said the measure is intended to ensure uninterrupted market supply and maintain public transportation services at current fare levels without any price increases.

The government also confirmed that subsidies for butane gas will remain in place, along with electricity support for household consumption, in an effort to prevent additional financial pressure on citizens.

Authorities said they would also strengthen monitoring mechanisms for agricultural product distribution chains to ensure goods reach consumers at reasonable prices.

The meeting comes as governments across the region monitor the potential economic fallout from escalating tensions in the Middle East, particularly concerns over disruptions to energy markets and international supply routes.

Moroccan officials said preserving purchasing power and maintaining market stability remain top priorities as the country continues to track regional developments closely.