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Egypt Amplifies Household Electricity Costs by 50% Amid Economic Reforms

Egypt has implemented a significant increase in electricity prices for households, with rates soaring up to 50%, according to government sources. This move is part of a broader strategy to phase out subsidies, aligning with an agreement with the International Monetary Fund (IMF). The electricity ministry......

Moroccan Gas Price Increase Sparks Public Outcry Amid Subsidy Cuts

A recent survey by Sunergia has highlighted widespread dissatisfaction among Moroccans regarding the recent hike in gas cylinder prices. The increase, effective from May 20, raised the cost of a 12 kg cylinder from MAD 40 to MAD 50, aligning with the government's plan to gradually eliminate butane......

Morocco Implements Incremental Price Increase for Butane Cylinders

The Ministry of Economy in Morocco has announced an impending price increase for gas cylinders, aiming to partially reduce the subsidy on butane cylinders for 2024. Effective from May 20, 2024, the cost of a 12 kg gas cylinder will rise by MAD 10, escalating from MAD 40 to MAD 50. Similarly, the price......

Eid Al-Adha, a potential price increase worries

As Eid Al-Adha approaches, Moroccans are experiencing a blend of excitement and apprehension, with the prices of livestock showing an alarming upward trend. Amidst soaring inflation and challenges induced by drought, the ovine and bovine sectors face a concerning trend that jeopardizes the purchasing......