فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
During the National Forum of Local Bodies for the Moroccan Space for Professionals, Abdullah Bouano addressed various economic issues that have raised concerns in Morocco, pointing out clear imbalances in the markets and the unjustified rise in the prices of certain foodstuffs. In the beginning of his speech, Bouano spoke about the recent increase in the prices of white meat, emphasizing that this rise has no justification under current conditions.
He clarified that the cost of white meat does not differ much from that of red meat, which has been affected by drought conditions, meaning the price hike may be a result of market monopolization by large entities.
Bouano stressed that there is a significant concentration in the white meat market, where a few companies and individuals control prices in a way that harms citizens’ purchasing power. He noted that these parties are making excessive profits without justification, creating a monopoly that negatively affects the market and exacerbates the suffering of the people. He argued for the need to activate the role of the Competition Council more effectively to tackle this market concentration and monopoly, urging for better monitoring of these operations that do not serve consumers’ interests.
Regarding the rise in egg prices, Bouano explained that a similar tactic is being used by egg producers, some of whom reduced production in anticipation of price hikes during Ramadan. This strategy negatively impacts citizens, who will have to pay higher prices for eggs, especially for local eggs, which have seen a noticeable price increase during this period. He said these practices lead to market manipulation, where a small number of producers control prices to maximize profits at the expense of consumers.
Bouano added that the government and relevant authorities must take responsibility for addressing these imbalances by enhancing market oversight and protecting consumers. He emphasized the need to directly support local production and promote fair competition among producers to ensure price stability and prevent manipulation, especially in light of the economic crises many citizens are facing.
source : fesnews media
