The government has just announced several measures to mitigate price increases for certain consumer products on the national market.
In detail, it is the confirmation of the price of ordinary bread made of soft wheat flour at 1.20 DH per unit. These measures also concern the maintenance of the price subsidy for national soft wheat flour, sugar and butane gas, “despite the burden on the state budget,” says the Ministry of Economy and Finance.
Another measure concerns the suspension of customs duties on imports of common wheat and pulses. Concerning common wheat, which constitutes about 80% of the national consumption of cereals, part of which is covered by imports, the government has taken the initiative of granting a flat-rate compensation for imports of this product during the period from November 2021 to February 2022 of about 83 DH for each quintal imported.
This measure is in addition to the suspension of customs duties applicable from 1 November 2021 worth 135%. “These measures have made it possible to maintain soft wheat flour prices at their current levels, and thus the stability of the price of ordinary bread made from soft wheat flour,” it says.
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