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Home > Economy > Government Approves Measures to Bolster Red Meat Supply Amid Rising Demand

Government Approves Measures to Bolster Red Meat Supply Amid Rising Demand

The Government Council, chaired by Prime Minister Aziz Akhannouch, convened on Thursday to address critical legislative and economic matters, including the adoption of measures to ensure the stability of Morocco’s red meat market.

Asmae DaoudibyAsmae Daoudi
Nov, 21, 2024
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Rabat — The Government Council, chaired by Prime Minister Aziz Akhannouch, convened on Thursday to address critical legislative and economic matters, including the adoption of measures to ensure the stability of Morocco’s red meat market.

The Council approved draft decree No. 2.24.1050, which amends previous decrees No. 2.24.064 (January 25, 2024) and No. 2.24.962 (October 18, 2024), to expand import quotas and extend the suspension of import duties on domestic cattle and sheep. 

Presented by Minister of Agriculture Ahmed Bouari, on behalf of Minister Delegate for the Budget Fouzi Lekjaa, this initiative builds upon earlier government efforts to exempt these livestock imports from customs duties and value-added tax.

A government press release stated that the primary goal of this measure is to ensure the consistent availability of red meat in local markets, addressing rising demand and compensating for insufficient initial quotas. 

The government says this decision exemplifies their commitment to stabilizing the domestic market and meeting consumer needs amid ongoing supply challenges.

Earlier this month, Moroccan and Spanish business leaders gathered in Rabat to discuss strategies for modernizing the red meat industry and mitigating the impact of rising prices. 

The meeting, organized by the Rabat-Salé-Kénitra Chamber of Commerce, Industry, and Services, covered key areas such as price regulation, supply chain diversification, and investment in production capabilities.

With Morocco’s livestock sector reeling from the effects of prolonged drought, participants expressed that collaborative efforts to enhance sustainability and food security are of vital importance. 

Both Spain and Morocco pledged to explore innovative solutions and joint initiatives aimed at bolstering the red meat supply chain.

As demand for red meat continues to grow, these measures and collaborations are expected to provide relief to Moroccan consumers and support the resilience of the livestock sector. The government’s proactive steps reflect a broader strategy to mitigate market volatility and ensure the availability of essential food products.

Tags: importlivestockRed meatred meat market
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