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Economy / Morocco

Oil Prompts Reforms

March 2006 | Economic Analysis

The Moroccan government has taken several new steps in response to the on-going headache of high global oil prices for the fuel imports-reliant kingdom. These include long-awaited plans to tie state-subsidized fuel prices to global oil markets. Essential to the long-term future of the economy are plans to diversify away from oil imports, boosted by new plans for replacing some oil use with natural

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