Pending the implementation of the unified social register in 2022, the Moroccan government will continue to subsidize basic necessities including liquefied butane gas. An envelope of 12.5 billion dirhams has been allocated in 2021 to the compensation fund.
In 2021, basic food products will continue to be subsidized, even if a 10% drop is expected this year in the Kingdom.
A 0.3% increase in the consumer price index (CPI) was recorded in September 2020, according to the High Commission for Planning (HCP).
Moroccan industrial fruit juice producers are not at the end of their troubles. While the sector has been experiencing a decline in profits for several years, it must now face a record increase in citrus production for the 2020-2021 season.
Rice imports have doubled in the first eight months of 2020. Moroccan companies operating in the sector have had no choice but to follow the strong demand from consumers.
Going to a new lockdown at this time of resurgence of the crisis is not feasible. This would be dramatic for the Moroccan economy, stresses Chakib Alj, president of the CGEM, who insists on prevention to avoid this catastrophic scenario.
Abdennour Hasnaoui, executive director of the Federation of Moroccan Associations of Modern and Traditional Bakeries and Pastries (FAMBPMT), says that 30 million loaves of bread are wasted per day.
The elements of the Royal Gendarmerie managed to intercept a truck transporting large quantities of spoiled meat. The seizure took place on Monday during a check in Ouled Said, in the Settat region.
The Mamounia palace, which has been undergoing renovations for a few months, hopes to reopen its doors from October 16th. All that tourism operators are waiting for is the lifting of the state of emergency and real air programming.
For a few weeks now, Moroccans have been complaining about the constant rise in the price of chicken. To eat chicken, one would currently have to spend between 16 and 18 dirhams per kilo live.
Prices have risen in most Moroccan cities during the month of August, according to the HCP information note, which also shows declines for some products.
The increase in the price per kilogram of chicken is not to the liking of Moroccans who have launched calls for a boycott on social networks.