Morocco's government has decided to establish an interministerial committee to monitor price fluctuations and take measures to protect the purchasing power of citizens. The decision was made during a meeting chaired by Head of Government Fatima Ezzahra El Mansouri in Rabat to discuss the national economic situation and the impact of changing prices on Moroccan households. The committee will bring together concerned government departments to follow price developments and identify necessary measures to protect consumers.
The committee will hold regular meetings to track price fluctuations and address market pressures, with particular attention to goods in high demand during Ramadan. During the meeting, El Mansouri acknowledged the economic pressures facing Moroccan households, particularly low-income and middle-class families. She stated that protecting purchasing power and maintaining social cohesion are priorities for the government.
The government plans to work toward maintaining price stability and ensuring the regular supply of essential goods to the domestic market. Several government officials attended the meeting, including the Minister of Interior, the Secretary-General of the Government, and the Minister of Economy and Finance and Public Performance. The meeting aimed to address concerns over the cost of living and household purchasing power.
Data from the High Commission for Planning (HCP) show that 76.3% of Moroccan households reported a deterioration in their living standards over the previous 12 months. The survey also found that 95.9% of households believed food prices had increased over the same period, while 77.9% expected further increases over the next 12 months. Meanwhile, 39% said they had to borrow money or draw on their savings to cover their expenses.
Public dissatisfaction has led to several protests in recent years, denouncing rising prices, declining purchasing power, and the government's social policies. Consumer protection associations have called for stronger market oversight, accusing some market operators of taking advantage of weak price controls. They urge the government to address speculation and unjustified price increases, particularly ahead of Ramadan.
The decision comes amid continued concerns over the cost of living and household purchasing power. El Mansouri emphasized the government's commitment to taking practical measures to reduce the impact of rising prices on citizens' daily lives. The committee's establishment aims to address these concerns and ensure the protection of Moroccan households.
The government's efforts to address the economic pressures facing Moroccan households include maintaining price stability and ensuring the regular supply of essential goods. The committee's regular meetings will help track price fluctuations and identify necessary measures to protect consumers. Key priorities for the government include protecting purchasing power and maintaining social cohesion.
Key points
- Morocco's government establishes interministerial committee to monitor price fluctuations and protect citizens' purchasing power.
- The committee will focus on goods in high demand during Ramadan.
- 76.3% of Moroccan households reported a deterioration in their living standards over the previous 12 months.
