Morocco Bakers Pledge to Freeze Bread Prices During Ramadan Despite Rising Costs

In a statement to Hespress, Abdel Nour Hasnaoui, executive director of the Moroccan Federation of Bakery and Confectionery, said that "the bakery and confectionery sector plays a pivotal role during the month of Ramadan by providing various products and confectionery". He adds that this year again, Ramadan comes in exceptional circumstances marked by the Coronavirus pandemic and its consequences on the social and economic level.

According to the official, the Federation has asked all professionals to maintain the price of bread, products and sweets so that they are affordable for the customer, despite the high prices of raw materials. The Ministry of Economy and Finance has required that bread be sold at 1.20 dirhams per unit.

In a press release, the ministry stressed that this is to protect the purchasing power of Moroccans. To achieve this, measures have been taken so that the continued rise in raw material prices does not have repercussions on the domestic market.