In 2018, the national production of red meats was estimated at 603,000 tons, thus covering 98% of the needs of Moroccans. And the turnover generated is quite considerable.
The Swedish Group, Ikea, called on its Facebook page and in a press release published on its website, its customers who have purchased the red and blue "MATVRÅ" bibs, to stop using them and return them to the Ikea store for a full refund or exchange.
The reasons why some ATMs were dry in August are known. Bank Al-Maghrib (BAM) reports that liquidity needs have reached unprecedented levels. And, according to the data published by the central bank, it is a new record of consumption that has been shattered during this period.
The High Commission for Planning (HCP) announced that the Consumer Price Index (CPI) showed, in August 2019, an increase of 0.3% compared to July. The 0.7% increase in the food product index and the 0.2% increase in the non-food product index would be at the origin of this increase.
The Domestic Consumption Tax (TIC) on sodas and sweetened beverages will increase as of January 2020, but this will not be the case for VAT.
The Tanger Appeal took place three years ago. It resulted from the International Colloquium on Cannabis and Drugs. Its participants had launched an appeal for the decriminalization of the consumption of this drug. Initiatives have since multiplied in the same direction. One of the latest is that of the Council of the Tanger-Tétouan-Al Hoceïma region, which has decided to finance a feasibility study on the exploitation of the properties of cannabis for therapeutic and pharmacological purposes.
For the 2020 Finance Bill project, changes are announced on VAT on imports, the Domestic Consumption Tax (TIC) and on import duties. Thus, revisions to these levels of taxation by the State are envisaged next year.
Nearly 310 million liters of beer, 38 million bottles of wine and 14 million bottles of alcohol were consumed by Moroccans over the past three years. With an average of 3 liters of beer per person, it is difficult to claim that the sale of alcohol is prohibited in Morocco.
The alert has just been given by the "Intermarché" chain. A batch of organic buckwheat flour has been contaminated by a toxic plant that can cause hallucinations. French consumers, as well as Moroccans, are therefore asked not to consume it.
Between October 1, 2018 and May 31, 2019, Morocco exported 426.07 million kilos of tomatoes to the European Union (EU). These exports are up significantly compared to the previous year.
In its desire to carve out a place for itself on the world market, "Made in Morocco" organic products are facing several bottlenecks, including the cost of inputs, domestic demand, seeds and the legal void.
Ratified by 24 countries, including Morocco, the African Continental Free Trade Area (AfCFTA) has been in force since May 30. Its objective is to increase intra-African trade by 60% by 2022.