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Fuel Costs Imperil Firms
Parliamentary Councillor Abdelrahman Idrissi submitted a written question to the Minister of Equipment, Water and Forests on rescuing classified contractors working on government projects amid rising fuel and bitumen prices, which are creating financial pressure and threatening some with bankruptcy. He noted that diesel and bitumen purchases account for 60 to 70 percent of the turnover of most of these companies, while current compensation covers only 35 percent of their additional losses. He called for urgent measures, exceptional financial support, and an update to the price-revision system.
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