
Morocco Plans New Real Estate Tax System, Allowing Taxpayer Input
Morocco wants to reinstate the real estate reference. The new version aims to allow taxpayers to propose a value to the tax administration.

Morocco wants to reinstate the real estate reference. The new version aims to allow taxpayers to propose a value to the tax administration.

The people of Marrakech have been forced to change their eating habits during Ramadan. Over the past two years, the residents of the ochre city have abandoned the traditional Marrakech Tanjia, a highly prized dish, due to its exorbitant price.

In Morocco, the controversy over fuel prices is escalating. Industry professionals believe that these prices remain abnormally high, despite the significant drop in international prices.

In Morocco, fuel prices could see a new drop as early as this Saturday. Thus, the price of a liter of diesel should drop by 44 cents and that of gasoline by 50 cents.

In Casablanca, the rates of Olympic and semi-Olympic swimming pools have increased to the dismay of the inhabitants, especially those in working-class neighborhoods like the Ben M’sik and Hay Hassani areas, as well as Tit Mellil, who wish to practice swimming. They are angry with the National Society for the Realization and Management of Sports Facilities (Sonarges), mandated by the municipality.

The severe drought affecting Morocco has apparently not impacted olive oil exports to the European Union, which have recorded a notable increase at the beginning of the current campaign. A situation that has led to a surge in the prices of this product on the local market, far exceeding 100 dirhams per liter.

In Morocco, real estate prices remained stable throughout 2024 compared to the previous year, but transactions recorded an increase. This is the result of a joint study by Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC).

According to data recently published by the European Commission, Moroccan olive oil exports to the EU have recorded a significant increase, reaching 841 tons between October and November 2024, compared to 553 tons for the same period of the previous season. Meanwhile, in Morocco, prices are reaching record levels.

Fuel prices continue to rise in Morocco. In February, the liter of diesel was sold at 11.50 dirhams and that of gasoline at 13.50 dirhams in the service stations of Casablanca and Mohammedia. A situation that contrasts with the stabilization of the price of a ton of diesel at $715 and the drop in the price of a ton of gasoline from $718 to $706 on international markets.

On the web, Moroccan activists have launched a vast campaign to boycott several food products due to their high prices. Moroccans are suffering from the high cost of living this Ramadan month.

Professionals in the fuel distribution sector through service stations currently exclude a possible increase in gasoline and diesel prices this Ramadan month.

As Ramadan begins tomorrow in Morocco, date prices have risen sharply in the country. Several factors explain this inflation.