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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2014/02/01
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Informativo
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84516
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1
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1
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2014/02/06
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Disclosed
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Reforming subsidies in Morocco
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Poverty Reduction & Economic Management
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