Energy Finance Headlines Morocco

Morocco’s energy, transport subsidies cost at least 1.6 bln dirhams monthly, budget minister

Morocco’s government is spending at least 1.6 billion dirhams ($160 million) a month on measures to cushion households and businesses from higher energy and transport costs, Budget Minister Fouzi Lekjaa said. The support package focuses on subsidies for butane gas, electricity price freezes and financial aid for professional transport operators, Lekjaa told reporters. State support […]