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Why are fuel prices in Morocco falling less quickly than elsewhere?

By December 21, 2024 Economie

Why are fuel prices in Morocco falling less quickly than elsewhere?



Questioned by Idriss Sentissi, president of the Popular Movement (MP) group in Parliament, Nadia Fettah Alaoui, Minister of Economy and Finance, explains that fuel prices in Morocco (almost) follow global trends.


Fuel prices in Morocco “have not decreased at the same rate as the declines recorded globally since the start of 2024”. This is what emerges from the written response of Nadia Fettah Alaoui. “The average price of diesel on a national scale fell by 1.70 dirham per liter, or a drop of 13% between January and the end of September” while the average price of diesel on the international market increased from 782 dollars per liter. ton in January to $667 in September, a decrease of 15%, said the minister.


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