The Governor of the Bank of Morocco, Abdellatif Jouahri, reiterated the need for direct social support to remain a temporary measure, avoiding becoming a permanent policy. He announced the beginning of a sensitization phase with stakeholders before officially adopting an inflation targeting policy. Jouahri emphasized this shift during a press conference following the quarterly meeting of the Bank of Morocco’s board. The central bank views social support as a circumstantial response, not a long-term structural solution. This policy change signals a move towards prioritizing price stability through managing inflation. The bank intends to formally implement inflation targeting after a period of preparation and communication with relevant parties. This represents a significant adjustment in Morocco’s monetary policy approach.