6 Hrs
Source:
أخبارنا
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Calls for Fuel Tax Cuts
The price of a litre of diesel has exceeded 17 dirhams at a number of petrol stations in Morocco, while the tax on it stands at 2.4 dirhams per litre. The government justifies its refusal to cut the tax by saying it is a key source of funding for public spending and social sectors, and that reducing it would cost the treasury billions of dirhams while providing only temporary relief to everyone—including the well-off and large companies. Critics, however, warn that high fuel prices drive up transport and production costs, as well as the prices of goods. They are calling for a sliding tax or other measures to stabilise prices and strengthen oversight of companies’ profit margins.
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