Diesel/Petrol: Gov’t Is Working on Recommendations Contained in Latest Opinion of Competition Council (Official)

Rabat – The government, which has been informed of the latest opinion of the Competition Council on the surge in prices of inputs and raw materials at the global level and its consequences on the competitive functioning of national markets for the case of fuels (diesel and petrol), is working on the majority of its recommendations, said Minister Delegate in charge of Relations with Parliament, spokesman for the government, Mustapha Baitas.

The government has taken note of these recommendations, said Baitas at a press briefing after the meeting Thursday of the Government Council, adding that the publication of this opinion by the Competition Council is in line with the provisions governing this institution.

This opinion is part of the advisory missions of the Council and not those related to litigation, noted the Minister.

Regarding the introduction of a special tax on excess profits of companies importing, storing and distributing diesel and petrol, Baitas recalled that the national conference on taxation had also recommended this tax, indicating that there is a direction to implement these recommendations.

The Minister also stressed that the support granted by the government to transport professionals comes at a time marked by rising fuel prices, stating that the executive has taken this step since it does not have a social register or mechanisms for targeting the most vulnerable categories.

This measure was taken in the absence of social data and the continued surge in oil prices, to ease the pressure on the most vulnerable categories, he said.

The Competition Council has recommended in an opinion, published Monday, to urgently review, as a priority and in depth, the framework and mode of regulation of diesel and petrol markets, to make it more flexible and compatible with the constraints and realities of the markets, while maintaining and strengthening the regalian functions of control and security of the country.

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