
Morocco Suspends Wheat Import Duties to Stabilize Domestic Prices
Morocco has suspended its import duties on soft wheat and its derivatives for the period from January 2 to April 30, 2020.

Morocco has suspended its import duties on soft wheat and its derivatives for the period from January 2 to April 30, 2020.

The opposition deputies are dissatisfied with the members of El Othmani’s government. And for good reason, the absenteeism of which they have become accustomed.

The new increase in taxes planned by the Moroccan Government against the tobacco industry, starting in early 2020, will have a direct impact on cigarette prices.

Moroccan domestic debt reached $60.1 billion at the end of last November, an increase of 4.1% since the beginning of the year. This is due to new government loan commitments and the repayment of its debts.

The Moroccan Government is moving towards simplifying administrative procedures, through the implementation of a system for digitizing user data.

The King Mohammed VI chaired a Council of Ministers this Wednesday afternoon, during which several bills and international conventions were ratified.

The Northern Observatory for Human Rights (ONDH) denounced the decision of the Moroccan government to soon restore the situation of the Bab Sebta border crossing.

The initiative has just been implemented through a partnership between banks and the Moroccan Government . Through the Central Management Fund, micro and small enterprises will have access to interest-free bank loans.

It will now be possible to lift the banking ban, thanks to the new bill proposed by the [General Treasury of the Kingdom]. Regardless of the number of bounced checks issued, the tax penalty has been reduced to a flat rate of 1.5%.

Major changes will take place with the arrival of the new Finance Law 2020 . Among the reforms implemented by the Moroccan government, the increase of one of the VAT brackets from 7% to 10%.

The amounts allocated to charitable associations by foreign partners amounted to more than 315 million dirhams this year, according to official data from the General Secretariat of the Government. The management of these funds is a concern for the Executive, which now requires rigorous monitoring.

Hassan Abyaba, Minister of Culture, Youth and Sports and Government Spokesperson, appointed by King Mohammed VI , could soon be dismissed from his duties. He is accused of his bland media appearances, which do not match the performance of his predecessor, Mustapha El Khalfi.