Fawzi Lekjaa flogs “savage capitalism” and the hangover in Parliament: “The market will not remain an uncontrolled field that feeds on the bread of the simple and the support of families!” (Reels video)

Mr.diagnosed Fawzi LakjaaThe Minister of Economy, Finance and Public Efficiency, with unprecedented boldness, addressed the roots of socio-economic imbalances before the Houses of Parliament, declaring the end of the era of “savage capitalism,” monopoly, and parasitic mediation that depleted the purchasing power of Moroccan families.

Details of the decision and official numbers from the Parliament platform

Minister Lakjaa explained that the greatest paradox that characterized previous experiences was the separation between the social dimension and the economic dimension, as the market was left without controls, legalization, or interference, which resulted in the spread of the culture of rapid and obscene profit and manifestations of rent and monopoly, stressing the impossibility of building the social state with an economic policy that is hostile to what is social.

Fawzi Lakjaa stressed that the slogan “changing course” in the draft Finance Law 2027 means the state’s decisive intervention to protect the citizen’s right to a decent living and ensure that the market does not turn into an uncontrolled field that feeds on the bread of the simple and the support of families, by creating 6 regional collection and marketing companies and allocating one billion dirhams to reform the distribution routes for vegetables, meat and fish and fighting corruption and conflicts of interest.