23 Hrs
فبراير.كوم
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فبراير.كوم

2026-10-05T21:00:10.000Z

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1.9 Billion Dirhams for Transport Workforce

1.9 Billion Dirhams for Transport Workforce

The article concerns the financial support allocated by the Moroccan government to road transport professionals to address the rising fuel prices. The direct aid amounted to approximately 1.9 billion dirhams by the end of August 2026, as part of subsidy expenditures totaling 13.8 billion dirhams during the first eight months of the year, representing a 6.2% increase compared to the same period in 2025. This comes amid a 29.1% increase in Morocco's energy product import bill and a 41.2% rise in the costs of importing diesel and fuel oil, reflecting the impact of energy price fluctuations on the trade balance and public finances. The allocated funds to support the sector were executed very efficiently, with a completion rate of 99.4% before the end of August. Additionally, the government announced an exceptional direct support initiative for 30 days to reinforce support for transport professionals amidst continued high fuel prices and their impact on national expenses. The report also showed that ordinary government expenditures increased by 10.8%, while investment spending grew by 11.4%. Despite these increases, the budget recorded a deficit of 58.6 billion dirhams at the end of August, a slight decline compared to the same period in 2025, as the government continues to navigate the economic impact of rising energy prices on the national economy.

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