Morocco Braces for 30-40% Price Hike on 130 Imported Products After Customs Duty Increase

This measure, according to the Minister of Economy and Finance and Administrative Reform, responds to the desire "to encourage national production and preserve the purchasing power of Moroccan families." But the daily Assabah cited by le360 believes that this situation could disrupt the purchasing power of households, since "national production is not able to meet national demand in the segments concerned."

According to the explanations of the minister in his response to the parliamentarians, "the increase will affect milk, cocoa, spices, juices, mineral waters, edible oils, sugar and many other foodstuffs." It’s not just food products that are affected by this increase. In the textile and leather sector, "ready-made garments and knitwear, footwear, linens, will also experience an increase."

As for industrial equipment and spare parts, there are "piston engines, various spare parts and other household items." In the health sector, the list includes "medicines, medical equipment, pharmaceutical products and medical beds."

According to the same source, "pending the time when national production is able to meet national demand, the increase in prices of these imported products will benefit the countries linked to Morocco by free trade agreements."