3 Days
Source:
AL24 News
Moroccan regime faces pressure amid rising fuel costs
Fuel prices in Morocco have increased repeatedly, with an increase of about one dirham per liter, leading to a new wave of inflation affecting transportation, basic goods, and services. This comes amid a decline in citizens’ purchasing power and rising living costs. The main reasons for this are attributed to higher oil prices due to geopolitical tensions and increased shipping and insurance costs. Questions are raised about whether prices will decrease when global oil prices fall. Widely across society, there are calls for measures to improve transparency and reduce the impact of market fluctuations on citizens, who are facing consecutive increases across all economic sectors as a result of fuel price liberalization policies, despite official positive economic indicators.
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