Moroccan Economy Ministry Says Bread Prices Have Not Changed

Morocco’s Economy and Finance Ministry confirmed on Tuesday that the price of bread made from soft wheat flour has not changed, remaining constant at MAD 1.2 (0.13$) per loaf.

Rabat – Morocco’s Economy and Finance Ministry confirmed on Tuesday that the price of bread made from soft wheat flour has not changed, remaining constant at MAD 1.2 (0.13$) per loaf.

“As part of the government’s efforts to protect citizens’ purchasing power amid persistently high prices for consumer goods on world markets, several measures have been taken to mitigate the impact of price hikes for some consumer goods and their derivatives on the domestic market,” said a statement by the ministry.

The ministry added that despite the costs that these measures might incur, they come as part of the kingdom’s program for supporting prices on soft wheat, sugar, and butane gas.

Customs fees and tariffs on wheat imports will also be lifted as part of the measures.

Soft wheat comprises 80% of the nation’s consumption of grains, with bread made from its flour being sold in bakeries and stores all over the country.

Morocco lifted import taxes on soft wheat in November 2021 and also offered compensation for its imports from November until February 2022, at a rate of MAD 83 ($8.8) per kantar (45 kilograms).

The ministry said that these measures have helped keep bread prices contant amid a rise in food prices globally.

Several Moroccan cities saw protests on February 20 against rising food prices. The protests occurred amid the 11th anniversary of the February 20 movement, which was born out of the Arab Spring uprisings that shook the region in 2011.