On the same day the competition council issued a scathing report criticizing the government’s plan to set caps on fuel prices, governance minister responded by discarding the report as political. The council said capping fuel prices would not be beneficial to the Moroccan economy and citizen’s purchasing power. But the council irked the government when it pointed to the dysfunctions that marred the liberalization of fuel prices in 2015. “The competition council is a constitutional institution that should not assess governmental decision,” Daoudi told local media, stressing that the capping will still take place. Morocco imports the bulk of its fuel needs further subjecting local prices to fluctuations in international markets.

Source: The North Africa Journal February 16, 2019 14:26 UTC