Inflation: the social front resonates

Three central trade unions have called for a national strike in the public sector on 20 June. Reason: to protest against rising prices as the Executive tries to prevent the social front from thundering.

Inflation, born of the health crisis and the Russian-Ukrainian war, has virtually no households in Morocco. As prices continue to rise, commodities are increasingly inaccessible to many exchanges.

In protest against these unprecedented increases, the three union centers called for a national strike in the public sector on June 20, specifically in public establishments, local authorities and in the transport and logistics sector. They mainly ask the government to find a solution to the sudden increase in basic needs.

“The decision to call a strike was taken after long reflection on the material situation of our fellow citizens”, Mustapha Mrizak explained.

Although the Secretary General of the Federation of Democratic Trade Unions (FSD) says he “understands” the government’s hurdles regarding the difficulty in responding to certain requests, he nonetheless calls on the Executive to take drastic steps to alleviate the suffering of households in the current context of high inflation.

In a joint statement, released last week, the three organizations lamented that the current policy – instead of allowing the maintenance of the benefits of the working class and its right to a decent standard of living – in fact undermines power in buying Moroccans and weakening society. stability.

The CGT, the ODT and the FSD are asking the government to end this situation by indexing salaries and retirement allowances at the national inflation rate. In other words, Mrizak believes, “the government must accept responsibility”. However, given the steps taken to mitigate the effects of the crisis, it is really hard to say that the government has done nothing to help households.

Closing the violation from the social sphere

The final flagship proposal began on Thursday, June 9. Meeting that day under the leadership of Aziz Akhannouch, the Competition Council adopted draft decree No. 2.22.410 which opens up additional credits for the benefit of operating budget-common expenses.

This text, which aims to support the dynamics of the global market for subsidized products in the first five months of the year, aims to pursue the government policy of protecting the purchasing power of citizens, by maintaining the selling price of butane gas at the national level. and to guarantee the stability of sugar prices.

These actions generated a substantial overrun in compensation costs compared to the appropriations opened up under the 2022 Finance Law. In this sense, the government decided to use the opening of additional allocations of 16 billion dirhams. A welcome boost that adds to the extensive steps the Executive has taken in recent months.

More increase important to come

Except that rising prices are not ready to stop. Thus, a new increase in fuel prices is expected shortly. In a statement to “Le Site info”, a sector professional recently indicated that fuel and diesel prices will increase by 30 cents from next week.

“However, fuel prices at service stations will detect variations by cities and by shares”, the source explained. Gasoline costs approximately 17.40 dirhams and diesel around 15.20 dirhams. If we consider the data compiled by the High Commission for Planning for the month of April, the consumer price index recorded an increase of 5.9% in April 2022 (compared to the same month last year).

This growth was a result of the increase in the index of food products (+9.1%) and of non-food products (+3.7%). For the latter, the variations range from stagnation for “Health” to an increase of 12.4% for “Transport”.

Under these conditions, the main indicator of inflation, which excludes products at volatile prices and those at managed prices, will have an increase of 0.8% in April compared to March 2022 and 4.4% compared to March. 2022. compared to April 2021. Little “comfort” for households, rising prices are not the only concern in Morocco.

Even with the world’s leading economic power, consumer prices continued their rise in May, breaking a new record in 40 years! US President Joe Biden has called for more, and faster, to control this high inflation.

So prices jumped 8.6% in a year in the United States, against 8.3% last month, according to the consumer price index (CPI) published Friday by the Department of Labor. The increase reached 1.0% in a month after +0.3% in April. In short, there is really no country left

Khadim Mbaye / ECO Inspirations




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