Saturday 5 January 2013

Morocco to reform subsidies - The National

Morocco has signalled it is prepared to meet IMF demands to reform its expensive system of subsidies for food and energy.

The country needs only to reach a political consensus on the issue, a statement by the general affairs and governance minister Mohamed Najib Boulif said.

"Technically, the reform of the subsidies system is quite ready," Mr Boulif said. "Once talks are concluded and the political decision is taken, it will be launched."
Morocco to reform subsidies - The National

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