The Moroccan government has made it a top priority to preserve citizens' purchasing power. Minister of National Land Planning, Urban Planning, Housing, and City Policy, Samir Belafqih, stated that the government has taken several measures to achieve this goal. These measures focus on two main areas: increasing household income and controlling prices to return them to their natural state.
To increase household income, the government has implemented several initiatives. One of these initiatives is the increase in the pension of widows from 50% to 100% of the deceased's pension, benefiting approximately 431,000 widows. Additionally, the government has raised the minimum pension for retirees to 1700 dirhams, with plans to reach 3000 dirhams by 2031. The government also provides direct social support to families, which will gradually increase from 600 to 1000 dirhams by the end of the term.
The government is also working to control prices by preparing a legal framework to reduce the chain of intermediaries. This will be achieved by establishing six regional companies that will take on the role of distribution. Belafqih emphasized that the government is aware of the need to find mechanisms to monitor and control the respect of beneficiaries of exceptional support for transport professionals and individuals to maintain prices.
In addition to these measures, the government has made progress in overcoming delays in disbursing financial aid for the housing support program. Belafqih stated that the ministry has overcome the technical problems that caused the delay. He also mentioned that the government has taken steps to address these technical issues, ensuring that aid is disbursed efficiently.
The government has also approved a decree related to the application of the law on the organization of the profession of sworn translators. This decree aims to regulate the profession and improve the quality of translation services. Belafqih highlighted the importance of this decree in enhancing the efficiency of the judicial system.
Furthermore, the government's efforts to support citizens' purchasing power are part of a broader strategy to improve living standards. By increasing household income and controlling prices, the government aims to mitigate the impact of economic challenges on citizens. The minister emphasized the government's commitment to protecting citizens' purchasing power.
The government's initiatives have been welcomed by citizens, who are eager to see improvements in their living standards. The measures taken so far demonstrate the government's dedication to addressing economic challenges and promoting sustainable development. As the government continues to implement these measures, citizens can expect to see positive changes in their daily lives.
Key points
- The Moroccan government has prioritized citizens' purchasing power, taking measures to increase household income and control prices.
- The government has implemented initiatives such as increasing pensions and providing direct social support to families.
- A new legal framework will be established to reduce the chain of intermediaries and control prices.