Morocco Approves Tax Exemptions on Food Imports to Support Price Stability

The Moroccan government has announced a series of tax exemptions on imports of essential food products as part of the 2025 Finance Bill. This move comes within the framework of the government’s efforts to support market stability and alleviate the financial burden on citizens.

Minister of Economy and Finance, Nadia Fettah Alaoui, stated that these exemptions will cover a wide range of products, including:

  1. Fresh and frozen meats
  2. Live animals from cattle, sheep, and goat species
  3. Virgin and extra virgin olive oil
  4. Brown rice used in food industries

The Minister confirmed that these measures will come into effect from January until the end of December of the coming year, providing sufficient time to achieve the desired objectives of this policy.

In a related context, the National Office for Health Safety of Food Products (ONSSA) had previously announced the opening of red meat imports from several countries, including European Union countries, Russia, and the United States. The office emphasized that the import process will be subject to strict procedures to ensure safety and quality, including requiring health certificates and conducting thorough inspections at dedicated centers to verify the safety of imported products.

These steps reflect the Moroccan government’s commitment to ensuring the provision of essential food items at stable prices while maintaining food quality and safety standards. These measures are expected to contribute to enhancing food security and improving the purchasing power of Moroccan citizens.

This decision comes in light of global economic challenges and rising food prices in international markets, confirming the Moroccan government’s response to economic changes and its commitment to protecting local consumers.

The move underscores Morocco’s proactive approach in addressing economic fluctuations and its dedication to safeguarding the interests of its citizens in the face of global market pressures.

About محمد الفاسي