Rabat – Morocco’s Ministry of Energy has allocated an investment budget of nearly MAD 63.8 million ($7.03 million) for the year 2021, Minister of EnergyAziz Rabbahhas announced.The announced budget is 50.76% lower than the investment budget for 2020, which reached MAD 129.58 million ($14.28 million).Rabbah presented his department’s budget for next year during a session at the House of Councilors on Thursday, November 26.The Moroccan Agency for Energy Efficiency (AMEE) transferred an investment grant worth MAD 25 million ($2.75 million) from the Ministry of Energy to the Ministry of Industry, said Rabbah, explaining the decrease in investment budget.Approximately MAD 23.65 million ($2.61
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