Morocco’s spending on cooking gas and sugar subsidies rose sharply to nearly $700 million in the first half of 2017, compared to $481 million in 2016, the subsidy fund, Caisse de Compensation, said. During the first half of 2017, spending on cooking gas increased 70 percent year-on-year from $310 million to $525 million, while spending […]
Morocco has joined its voice to the international community to welcome last Friday’s election by the UN-led Libyan Political Dialogue Forum of an interim executive authority in Libya, in which Mohammad Younes Menfi will head the country and Abdelhamid Dbaibah will head the government. Morocco congratulates the new members of the Libyan Presidential Council and […]
Morocco’s spending on cooking gas, sugar and flour subsidies hit 10 billion dirhams ($1 bln) so far this year, compared with 3.8 billion dirhams the same period last year, official figures showed. This 170% increase is mainly due to the simultaneous post-covid recovery which created high demand on commodities, worsened by an offer shortage […]
