Moroccans being inflamed by the olive oil prices bring the Minister of Agriculture to account

Published 2023년 11월 15일

Tridge summary

Moroccan citizens are concerned about the soaring prices of olive oil, which has reached 100 dirhams per liter. This increase is attributed to both a decrease in olive production this year and the presence of speculators monopolizing the market. Parliamentarian Lubna Al-Saghiri has raised questions about these price hikes and has urged the Minister of Agriculture to take action to address the monopoly and restore reasonable prices for essential agricultural products.
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Original content

The unprecedented rise in olive oil prices sparked “controversy” among Moroccan citizens, as the price of one liter reached about 100 dirhams, which raises several questions in this regard, which were raised in Parliament. Parliamentarian Lubna Al-Saghiri, from the Progress and Socialism Party, said that male and female citizens were surprised by the very high prices of olives and their oil, as the price of one liter of olive oil reached 100 dirhams, after it had previously been around 50 dirhams. The parliamentarian highlighted, in a written question addressed to the Minister of Agriculture, Fisheries, Rural Development, Water and Forests, that “this significant increase is justified by the scarcity of olive production this year, but it turns out that the matter is also related to the entry of speculators on the line to acquire and monopolize most of the quantities offered in the market and impose Therefore, their “law” applies to Moroccans. Al-Saghiri noted “the importance of ...
Source: Kech24.ua

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