
Morocco to Raise Alcohol Taxes, Driving Up Prices in 2024
Alcohol will cost more next year in Morocco. This price increase follows the increase in the tax on alcoholic beverages provided for in the draft finance law.
Nadia El A.

Alcohol will cost more next year in Morocco. This price increase follows the increase in the tax on alcoholic beverages provided for in the draft finance law.

The project of the maritime line between the Spanish enclave of Melilla and Algeria is gaining more and more support. After the president of the port authority, Victor Gamero, the representative of Melilla’s business leaders is calling on the Spanish authorities to support this Oran maritime line project.

Preventive detention or electronic surveillance for jihadists present on Austrian territory, this is the measure taken following the deadly attack of last week. The announcement was made by Chancellor Sebastian Kurz.

Despite the Kingdom’s response, Spain has maintained the application of the fuel discount to Moroccan transporters. Thus, the payment of penalties is still ongoing, to the great detriment of truck drivers.

For a year now, Zakaria Ghattas has been offering jeans that last, while respecting the environment and people. Part of the manufacturing is done in Morocco.

Morocco finds itself in a situation of net importer of agricultural products, while it was one of the major exporters. The Kingdom has thus opened the door to the European agri-food industry, in terms of added value and job creation.

Following an inspection carried out in a "pedagogical farm", run by the Saint-Denis Koranic school in Forest, the Brussels police proceeded on Tuesday, November 10 in the early evening, to the confiscation of all the animals. Five shelters took charge of dozens of animals imprisoned in deplorable conditions, at the request of the Bruxelles-midi police zone.

While it is true that Chinese vaccines are being deployed in the experimental field, the one being used in Brazil is not related to the vaccine for which Morocco is participating in clinical trials. Sinovac and CNBG SinoPharm are two different Chinese laboratories, and Morocco is dealing exclusively with the latter.

Interest rates in Morocco have fallen further in the third quarter of this year, reaching 4.30%, according to the Bank Al-Maghrib survey. The rates have fallen by 0.79 percentage point compared to the same period in 2019.

The long-term rental market has been undergoing real changes in Morocco for a few months now. The taste for furnished properties is becoming more and more pronounced, confirms Mubawab in its latest edition of the rental barometer for the 3rd quarter.

The draft law 07-20 on taxation in Morocco is once again coming to the fore. It was analyzed and adopted during the government council on Thursday, November 5.

As part of the fight against the coronavirus pandemic, 10 million doses of the vaccine will be available in Morocco in the coming weeks, for a first stage.