Minister of Economy and Finance Nadia Fettah stated on Monday before the House of Representatives that the government is addressing the rise in fuel prices with a strong sense of social and financial responsibility.

Responding to an oral question on the impact of this increase, the minister stressed that the government is fully aware of the direct effects on transport costs, supply chains, and consequently on citizens purchasing power.

Fettah explained that the government is not adopting a purely technical or numerical approach, but rather a comprehensive vision that takes into account both social and economic dimensions. She noted that this increase comes within a particular international context marked by oil prices ranging between $100 and $110 per barrel, representing a rise of 40% to 65%.

In this context, she indicated that government interventions implemented since March 15 represent a monthly cost of approximately 1.6 billion dirhams. This significant financial effort aims to mitigate the impact of global conditions on citizens.

The minister emphasized the “responsible” nature of the government’s choices, which aim not only to address immediate challenges but also to create room for structural reforms, particularly accelerating investments in renewable energy.

Regarding pension system reform, Fettah stated that advanced solutions are currently being finalized. She highlighted the importance of consultation with social partners and trade unions, as well as a thorough review of each pension fund.

Describing the issue as “complex,” the minister stressed the need for a data-driven approach and transparent communication with society, aiming to protect retirees’ rights, safeguard citizens’ interests, and extend coverage to underserved groups through complementary solutions under development.