Expected sky-rocketing increases in the prices of alcoholic beverages in Morocco

Alcohol prices in Morocco are expected to witness skyrocketing increases from the beginning of next February, as part of government measures to raise the price of the value-added tax imposed on a number of products and services. According to informed sources, visits are expected to range between 15 and 150 dirhams for the drinks most consumed by alcoholics in Morocco, such as beer and all kinds of wine, in addition to most types of imported and locally manufactured alcohol. It is expected that the tax will move from 850 to 1,500 dirhams per hectoliter of wines, from 1,150 to 2,000 dirhams per hectoliter of beer, and from 18,000 to 30,000 dirhams per hectoliter of pure alcohol and ethyl alcohol with which water of life is prepared or contained, spirits, aperitifs, vermouth, and fruits infused with alcohol. Fresh wines, grape juice mixed with alcohol, sweets containing alcohol, and other spirits.” With this increase, the government expected to pump into the treasury 887,350,000 ...