The subsidy will be paid directly to professionals and will remain in place until prices return to normal levels
Morocco to subsidise diesel to transporters
Transport minister says the measure aims to mitigate the impact of the soaring fuel prices on the citizens' purchasing power.
Tuesday 15/03/2022
The subsidy will be paid directly to professionals and will remain in place until prices return to normal levels
RABAT - Morocco plans in the upcoming days to start subsidising diesel fuel benefiting transport professionals, state media reported on Monday.
The measure aims to mitigate the impact of the soaring fuel prices on the citizens' purchasing power, transport minister Mohamed Abdeljalil told state news agency map after a meeting with transportation companies.
Truckers and taxi drivers have recently staged multiple protests, urging government aid to avert the repercussions of higher fuel price on goods transport costs.
The subsidy will be paid directly to professionals and will remain in place “until prices return to normal levels,” budget minister told national broadcaster SNRT.
Morocco has liberalized fuel prices in 2015 and has been importing the bulk of its refined oil needs since the shutdown of its sole refinery Samir the same year over unpaid taxes.