Revealing the truth about the increase in the prices of ordinary bread in Morocco

Published 2022년 2월 22일

Tridge summary

The government has announced measures to protect citizens from rising global raw material prices, including subsidies on national flour, sugar, and butane gas, and the suspension of customs duties on certain wheat types. From November 2021 to February 2022, soft wheat imports have received additional compensation, contributing to maintaining the price of soft wheat flour and ensuring the stability of regular bread prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A statement to the ministry stated that “in the context of the government’s interest in protecting the purchasing power of citizens and in light of the continued rise in the prices of raw materials in global markets, and as previously emphasized, it has taken several measures to limit the impact of these increases on the prices of some consumer materials and their derivatives in the internal market.” “. The same source added that these measures, despite their cost to the state budget, are reflected in continuing to subsidize the prices of national flour for soft wheat, sugar and butane gas, in addition to suspending customs duties on imports of soft, hard and ground wheat. With regard to soft wheat, which constitutes about 80 percent of the national consumption of all types of grain, and for which part of its national needs are covered by import, the government took the initiative, in addition to suspending the customs duties applied to it starting from November 1, 2021, which ...
Source: Le 360

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.