Morocco’s government considers allocating subsidies to transport professionals

Morocco’s government considers allocating subsidies to transport professionals
Hespress
Thursday 10 March 2022 - 22:00

Morocco’s head of government Aziz Akhannouch said on Thursday that his cabinet is studying ways to respond to the needs of transport professionals.

Discussions are set to take place next week between professionals and government officials, including Minister Delegate to the Ministry of Finance and Economy in charge of the budget, and the Ministry of Interior.

The head of government reiterated that the increase in fuel prices is mainly linked to the rise in international markets.

The government’s move came after those professionals protested in a 72-hour national strike, starting Monday to alarm over the rise in fuel prices that they say is the highest in North Africa.

Secretary-General of the transport professionals union, Mounir Benazzouz recently told Hespress EN the goal behind the strike is to set fixed prices for fuels nationwide, “no matter global changes.”

Morocco gave up on subsidizing fuel prices since 2016, in a move to leave a place for competitors in the national market.

As of yesterday, gasoline prices reached MAD11.30 in some stations, which prompted the professionals to react about it.

The protesters stressed that the government needs to step in to reduce costs, especially since the volume of taxes imposed on fuels increased, amounting to MAD3 per liter of gasoline in the value-added tax TVA, and internal consumption fees.

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