Morocco raises transport fuel subsidies by 60%
Government allocates MAD 400 million more to prevent rising costs from affecting consumer prices.
Morocco has increased exceptional fuel subsidies for road transport operators by 60%, allocating an additional MAD 400 million. Transport Minister Abdessamad Kayouh announced on Monday that the government has distributed over MAD 11 billion in subsidies since March 2022. Freight operators received MAD 6.9 billion, or 62% of the total support, with taxis receiving 26%.
These new payments raise fortnightly subsidies for small taxis from MAD 800 to MAD 1,280 and for grand taxis from MAD 1,100 to MAD 1,760. Intercity bus operators will now receive MAD 5,600, up from MAD 3,500, while urban buses get MAD 4,960. Freight truck payments are now between MAD 2,080 and MAD 3,360 based on vehicle size.
The government approved the extra funding on November 3 to shield households from higher transport costs, particularly impacting fruit and vegetable prices. The ministry has also processed over 80% of approximately 5,500 complaints regarding subsidy applications and payments.