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Alliance blocks La Samir nationalization

Alliance blocks La Samir nationalization

The House of Councillors rejected two draft laws aimed at transferring the ownership of the "Lafarge" company’s assets to the state and regulating fuel prices, after the majority of councillors voted against the initiatives. This rejection came following a vote in which 29 councillors opposed the proposals, while 10 supported them, resulting in the final dismissal of both drafts. The decision was made amid support from majority parties and business lobby members, with the Socialist team abstaining from voting. The two proposals sought to address fluctuations in fuel prices and to resume operations at "Lafarge" to enhance national energy security. This has sparked political and economic debate about the future of the market and the best methods to control energy prices in Morocco.

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