Price of gas bottles in Morocco will increase from April

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April 1, 2024 – 2:00 PM – Economy

The current price of a gas cylinder for household use is 40 dirhams, while the actual cost is 120 dirhams. The government subsidizes the remaining 80 dirhams. From April 2024, consumers will pay 50 dirhams per bottle, an increase of 10 dirhams. The price will gradually increase in the coming years until the full cost price is reached.

Also read: Moroccans will pay more for gas bottles

This measure is part of the government’s strategy to abolish subsidies and at the same time reduce social inequality. The additional revenue will be used for direct subsidies to poor citizens and the expansion of health insurance.

Also read: Historic increase in gas prices in Morocco, a first in 30 years

According to sources within the gas sector, it is still unclear whether the price increase will take effect in April. The sector is awaiting official confirmation from the government. The increase may be postponed until after Ramadan to protect the purchasing power of consumers.

The article is in Dutch

Tags: Price gas bottles Morocco increase April

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