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Keywords: Subsidies


Morocco's substantial investment in butane gas subsidies

The Moroccan government grapples with the significant financial burden of subsidizing butane gas, as highlighted by Fouzi Lekjaa, the Minister Delegate in charge of the Budget. Annually, the country allocates over MAD 15 billion to support this essential household fuel, with the average subsidy for each......

Morocco's new initiative to enhance job prospects for youth without diplomas

The Moroccan government has unveiled a bold new initiative aimed at improving job prospects for youth lacking formal qualifications. This groundbreaking program marks a significant shift in employment strategies, focusing on inclusion and practical support for a demographic that has often been overlooked. In......

Investigation into alleged embezzlement of 13 billion dirhams in red meat subsidies

The National Judicial Police Brigade (BNPJ) has launched an investigation into suspicions of embezzlement involving public subsidies allocated to livestock importers. Despite the allocation of 13 billion dirhams intended to stabilize red meat prices, costs have continued to rise, raising concerns about......

Morocco's airport traffic soars: A glimpse into ambitious 2035 passenger goals

Morocco's airports processed over 32 million passengers in 2024, with plans to triple capacity by 2035, according to Transport and Logistics Minister Abdessamad Kayouh's report to the House of Representatives. The nation aims to expand its airport traffic significantly, targeting 60 million......

Morocco's Tax Program Nets MAD 6 Billion in Treasury Funds

Morocco's voluntary asset disclosure initiative has generated MAD 6 billion for the public treasury from declared assets totaling MAD 127 billion, according to government spokesperson Mustapha Baitas during a Thursday press conference. The program has successfully strengthened relationships between......

Egypt Amplifies Household Electricity Costs by 50% Amid Economic Reforms

Egypt has implemented a significant increase in electricity prices for households, with rates soaring up to 50%, according to government sources. This move is part of a broader strategy to phase out subsidies, aligning with an agreement with the International Monetary Fund (IMF). The electricity ministry......

Morocco's Fiscal Outlook: Fitch Ratings Predicts Deficit Reduction by 2026

Projected Spending Cuts and Fiscal Strategies Signal Optimism Amid Challenges Morocco is on a path to reduce its fiscal deficit over the next few years, according to a new report from Fitch Ratings. The credit rating agency forecasts that the North African nation’s fiscal deficit will decrease......

Morocco's Agricultural Landscape: Navigating Rainfall Scarcity with Strategic Measures

In an era of increasingly unpredictable climate patterns, Morocco's agricultural sector is grappling with the realities of diminished rainfall. According to Mohamed Sadiki, the Minister of Agriculture, Maritime Fisheries, Rural Development, and Water and Forests, the nation's agricultural reservoirs......

Spain's Generous Embrace: Unveiling the Global Reach of Its Foreign Subsidies

In an unprecedented display of global outreach, the Spanish government has emerged as a beacon of financial support, channeling nearly €300 million annually into the coffers of foreign organizations and entities across the world. This monumental initiative, orchestrated by the Spanish Ministry of......