Morocco: Prices of flour, sugar and butane gas will not change, neither in the present nor in the future - Lekjaa

Published 2021년 11월 4일

Tridge summary

The article highlights that in a recent symposium, Morocco's Budget Minister, Fawzi Lekjaa, confirmed that basic necessities like flour, sugar, and butane gas will continue to be subsidized by the government. These items will not see any price changes, either now or in the future. The prices of these goods are set and managed through a clearing system, where the clearing house covers the gap between the local prices and the international market prices. For the year 2022, the available clearance funds have increased to 17 billion dirhams.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Today, Thursday, Minister Delegate in charge of the Budget, Fawzi Lekjaa, said that subsidized flour, sugar and butane gas are materials that always remain subsidized and are subject to the clearing system. In response to journalists' questions at a symposium by the government's spokesperson today, Thursday, Lekjaa explained that these materials will not know any change in prices, whether at the present or in the future. Lekjaa stated that the prices of these materials are fixed and the clearing house intervenes to ...
Source: Rue20

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