Morocco Takes Action Against Rising Meat Prices
In a decisive move during its recent meeting, Morocco's government approved Decree No. 2.26.584, which aims to suspend import duties on live sheep and various types of meat from domesticated animals, including cattle, sheep, goats, and camels. This initiative is designed to enhance the supply within the domestic market and address the ongoing inflation of red meat prices that has been affecting consumers across the country.
This decision aligns with the financial provisions outlined in the 2026 finance law, which extends the exemption from customs duties and value-added tax (VAT) for the importation of domestic cattle. In a further attempt to support the national supply chain, the government has increased the quota of exempted cattle from 150,000 to 300,000 heads. This move is intended to bolster the national supply, maintain market balance, and aid in the recovery of livestock populations.
Previously, Prime Minister Aziz Akhannouch's administration had implemented a similar measure back in September 2024, aiming to reduce the high prices of red meat. However, that initiative did not yield the desired impact, and prices remained elevated. The current approach reflects the government's commitment to finding effective solutions to the challenges facing the meat market, ensuring that consumers can access affordable prices while also supporting local farmers and livestock producers.
As reported by yabiladi.com.
