Baitas: Government's mechanisms to support purchasing power are evident

Baitas: Government's mechanisms to support purchasing power are evident
Thursday 10 November 2022 - 18:30

Government Spokesperson Mustapha Baitas assured today that the executive is maintaining its subsidies for essentials such as butane gas, sugar and flour, respecting the decision to support these goods that was made years ago.

During the press conference subsequent to the government council, the official assured that “our country has made choices 20 or 30 years ago, including that of subsidizing some products, and the current government will continue the financial support to protect citizens’ purchasing power.”

Since the beginning of this year, the prices of several basic products have increased dramatically, impacting the purchasing power of Moroccans, especially those in precarious situations.

Baitas cited Butane gas as an example, saying that the real cost of gas is  at MAD 135 and MAD 140 per unit, but is available for purchase at MAD 42, noting that the government will continue to preserve the subsidies granted to certain products.

In addition, the government official said that if we want to launch a new societal debate on subsidized products and products that are not, “whoever is able to open this debate is welcome. TheyHe just needs to provide the financial potential and budget to initiate it.”

But this will have repercussions on several sectors, he said, including “medical coverage, the reform of the health system, on education, investment and several measures and sectoral policies carried out by our country,” he said.

The future of the state subsidies fund, praised and significantly helpful for many Moroccans, seems to now be a hindering expense to the government, which is undergoing radical reforms of the health sector, education and investment.

Upon the propagation of reports assuring subsidies will be lifted on butane gas, Moroccans collectively raised their voice against this decision, which although denied by the executive on multiple occasions, exacerbated a feeling of hopelessness and dread among inflation-stricken Moroccans.

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