The government has allocated under the 2022 Finance Law more than 16 billion dirhams to support the purchasing power of citizens, said the Minister of Economy and Finance, Nadia Fettah Alaoui, on Monday.
Speaking to MPs, the minister noted that government efforts aimed at easing the effects of worldwide increase of prices of commodities.
Measures formally adopted by the government to ease price increases, include suspension of customs duties on imports of durum and soft wheat from November 2021 and the allocation of additional compensation to importers in order to preserve the prices of all wheat derivatives at the national level, said the Minister.
These measures also include the suspension of customs duties on cotton imports and on butter as well as supporting the prices of imported soft wheat to maintain the prices of high-quality flour, and consequently the price of bread, she pointed out.
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