Madar (Rabat) - Morocco's Minister of Economy, Finance and Public Performance, Fouzi Lekjaa, expects fuel prices in Morocco to fall from Monday, 16 November 2026, and said the government is studying the possibility of capping the profit margins of companies in the sector, according to Moroccan media reports on Saturday, 14 November, of his remarks to the House of Representatives.
Lekjaa was speaking as the government responded to MPs and amendments to the first part of the 2027 finance bill were debated, according to the Moroccan news site Lakome.
The minister said the fall in international fuel prices was expected to be reflected at Moroccan filling stations from 16 November. He did not say how much the price of a litre of diesel or petrol was expected to drop, the same source said.
Lekjaa linked local price trends to the international market, taxes and duties, transport and storage costs and company margins. He gave neither a proposed cap on those margins nor a date for a decision, leaving the measure under study.
He also said that raising the tax rate on fuel companies from 35 to 40% would apply to 11 firms, stressing that the measure does not target any one company. Under the finance bill, it covers companies that import or distribute fuel and post annual net profits of 100 million dirhams or more.
He defended a larger tax contribution from highly profitable companies, especially in sectors with weak competition or "quasi-monopoly" conditions, Lakome reported.
The minister added that the government plans to send two bills to parliament next week, after their approval by the government council, to raise the minimum pension to 1,700 dirhams from January 2027 and to 3,000 dirhams by 2031, and to raise widows' survivor pensions from 50 to 100% of the deceased spouse's pension.
Morocco's House of Representatives adopted the 2027 finance bill at first reading on Saturday evening, by 179 votes to 126, and referred it to the House of Councillors.
