Middle East Economic Survey

VOL. XLVIII

No 33

15-August-2005

MOROCCO

Morocco Increases Fuel Prices To Compensate For Record Oil Prices

For the second time in three month Moroccos government has increased fuel prices. Effective 7 August, high octane fuel is sold at MD10.35 ($1.16)/liter instead of MD9.85 ($1.11)/l; gas oil at MD6.96 ($0.78)/l instead of MD6.46 ($0.73)/l; 3.50 gas oil at MD8.20 ($0.92)/l instead of MD7.70 ($0.87)/l; and industrial fuel at MD2,881 ($324)/ton instead of MD2,581...