Reforming subsidies in Morocco (English)

The cost of the subsidy system in Morocco peaked at 6.6 percent of gross domestic product (GDP) in 2012, an amount larger than the country's total investment budget for that year. Direct subsidies to households in 2013 (October 2013 prices) are estimated at DH34.4 billion (US$4.1 billion, or 3.9 percent of GDP). Replacing direct subsidies with a universal per capita annual cash transfer of DH749 (US$90) would leave the poverty rate unchanged, while...

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Author

Araar,Abdelkrim;

El Massnaoui,Khalid;

Verme,Paolo;
Document Date
2014/02/01
Document Type
Brief
Report Number
84516
Volume No
1
Total Volume(s)
1
Country
Morocco,
Region
Middle East and North Africa,
Disclosure Date
2014/02/06
Disclosure Status
Disclosed
Doc Name
Reforming subsidies in Morocco
Keywords
Poverty Reduction & Economic Management

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Citation

Araar,Abdelkrim; El Massnaoui,Khalid; Verme,Paolo.

Reforming subsidies in Morocco (English). Economic premise|no. 134 Washington, DC ; World Bank Group. http://documents.worldbank.org/curated/en/621831468053942440

Reforming subsidies in Morocco (English)

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