Subsidizing butane gas prices will cost Morocco 22 billion dirhams in 2022

Subsidizing butane gas prices will cost Morocco 22 billion dirhams in 2022
Subsidizing butane gas prices will cost Morocco 22 billion dirhams in 2022
-

Nadia Fattah Al-Alawi, Minister of Economy and Finance, said that subsidizing butane gas prices last year cost about 22 billion dirhams.

During the oral questions session in the House of Representatives, today, Monday, the minister stated that the government continued to subsidize butane gas so that the prices of large cylinders remain within the limits of 40 dirhams, while the rest, amounting to 90 dirhams, is borne by the state.

According to Al-Alawi’s statements, subsidizing wheat through the clearing fund cost about 10.5 billion dirhams, in addition to sugar at about 4.8 billion dirhams.

The government official indicated that the 2023 Finance Law allocated 26 billion dirhams to the clearing fund, and expressed her hope that the prices of subsidized materials would decrease in the international market.

During her response to the deputies’ questions about the government’s measures to limit the rise in prices, the minister acknowledged that the prices of consumer goods had witnessed a significant increase, but confirmed that the state did not have the necessary resources to end the wave of high prices.

--

And she stated that the government decided to confront the rise in fuel prices through the option of subsidizing the transport sector with about 3.9 billion dirhams in monthly financial payments to professionals, and indicated that this choice is due to the fact that the transport sector has direct effects on the prices of transporting goods and passengers.

-

With regard to subsidizing electricity prices, the minister pointed out that 5 billion dirhams have been allocated for the benefit of the National Office of Electricity and Drinking Water, where the state bears 75 dirhams in each bill of 100 dirhams, and about 125 dirhams in each bill of 200 dirhams.

The minister highlighted that the measures also included supporting income through an increase in the minimum wage in the public and private sectors over the past year, and settling the administrative status of a group of employees.

The requirements of social dialogue during the first year of its implementation, according to Al-Alawi, cost about 9.2 billion dirhams, in addition to 9.2 billion dirhams borne by the state in order to integrate four million families into compulsory health coverage at the National Social Security Fund, which previously benefited from the medical assistance system. Ramed.”

-

--

PREV Dr. Marwa Morsi: Our goal in Al-Watan newspaper is to highlight the beautiful features of Egypt – Egypt News
NEXT Pisces .. Your luck today, Friday, January 27: Today, you must double your focus and be patient in managing your money