Prime Minister Aziz Akhannouch announced on Tuesday, April 28, that Morocco maintains robust national stocks of petroleum and energy products, confirming that the country is currently facing no supply disruptions.
Following a ministerial committee meeting focused on the economic impact of Middle East geopolitical tensions, the Prime Minister reassured the public that the government is taking proactive measures to shield the national economy from global instability. A key component of this strategy involves continued support for transport sector professionals to ensure price stability in road transport, which is vital for the movement of goods across the kingdom.
The government has also committed to maintaining critical subsidies for electricity, butane gas, and sugar to protect the purchasing power of citizens. These economic measures are supported by a favorable agricultural season, which has benefited from improved water availability and promising crop prospects. To further manage the cost of living, Akhannouch highlighted that particular attention will be directed toward agricultural distribution to keep costs low, supplemented by the establishment of a dedicated commission tasked with monitoring price stability for essential goods.
These assurances follow recent statements from Leila Benali, the Minister of Energy Transition and Sustainable Development, who confirmed that Morocco’s strategic reserves are sufficient to navigate current energy tensions. While the government remains confident in its supply levels, officials acknowledge that Morocco is still susceptible to the volatility of global prices due to the unstable international environment. The administration’s focus remains on balancing these external pressures through internal subsidies and strategic distribution networks to maintain national stability.
AK/te/lb/abj/APA