The Kingdom has managed to stand out in its management of the inflation rate since the beginning of 2022. This emerges from a statement made last May by the Minister Delegate to the Minister of the Economy and Finance, in charge of the Budget, Mr Fouzi Lekjaa. Indeed, faced with rising commodity prices linked to the global crises of Covid-19 and the war in Ukraine, the policy pursued by Morocco has enabled the country to keep the inflation rate as low as possible. The country’s economic management is even better than that of some economic powers: 4% in Morocco, compared with 8% in the United States and 6.1% in the Eurozone. This result stems from a policy of support and budgetary efforts targeting the sectors hit hardest by inflation, notably energy and food. Mr Fouzi Lekjaa also praised “a comprehensive Royal vision with strategic dimensions, and the government’s commitments within the framework of the development model”.
