Expert Warns Gradual SMIK Increase Feasible
The article analyzes the promises made by Moroccan political parties regarding raising the "adequate" minimum wage to 5000 dirhams and increasing social support from 500 to 1000 dirhams, ahead of the parliamentary elections. Economist Badr Zahir Al-Azraq clarifies that implementing these promises requires understanding how and when funding will be secured, and that gradual increases are possible over five years if linked to economic growth and productivity. He also warns that a rapid transition without supporting businesses, especially small and medium-sized enterprises, could lead to higher operating costs, reduced employment, and increased inflation. He pointed out that increasing social support should be carefully studied in terms of cost and funding, noting that raising 500 dirhams for four million families would cost around 24 billion dirhams annually. The expert emphasized that the credibility of the promises depends on having a clear plan that specifies the timeline, costs, and financing mechanisms, and that citizens need a transparent vision of the implementation steps to ensure the sustainability of these increases.
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