Authorities of Morocco: We took measures that contributed to the decline in inflation

Rabat – The Moroccan authorities confirmed yesterday that it attaches nice significance to meals safety, and has taken a set of measures which have contributed to the decline in inflation.

This got here based on the speech of presidency spokesman Mustafa Paytas, throughout a press convention, following the tip of the federal government council assembly within the capital, Rabat, adopted by Anadolu’s correspondent.

Paytas mentioned, “Many authorities plans purpose to attain meals safety within the Kingdom.”

He burdened that the federal government has taken a set of measures to cut back inflation, particularly because the Kingdom is witnessing a drought this 12 months much like earlier years.

Paytas defined, “Authorities measures contributed to a decline in inflation, as testified by varied related establishments (which he didn’t specify).”

The federal government spokesman didn’t present figures relating to inflation charges, however the Excessive Fee for Planning (an official physique answerable for statistics) revealed that the inflation charge recorded a rise of two.2 % final April, on an annual foundation.

Final Could, the Excessive Fee for Planning acknowledged, in a press release, that the unemployment charge within the nation had risen as a result of results of drought, to 13.7 % in the course of the first quarter of 2024, in comparison with 12.9 % in the identical interval final 12 months.

The info confirmed a rise within the variety of unemployed folks within the native market by 96 thousand, bringing their quantity on the nationwide degree to 1 million and 645 thousand.

Paytas identified that the finances allotted to the meals help system amounted to 45 billion dirhams ($4.5 billion) throughout 2022, and 27.4 billion dirhams ($2.74 billion) in 2023.

He identified “the suspension of import duties, particularly within the subject of pink meat, along with measures to confront the financial and weather conditions that the nation has witnessed, at a price of 10 billion dirhams (one billion {dollars}), particularly within the agricultural sector.”

In keeping with Paytas, the federal government supplied “monetary help to the Nationwide Workplace for Water and Electrical energy (authorities), to take care of their costs (water and electrical energy), and raised staff’ wages following the tip of the earlier spherical of social dialogue.”

Final April, the federal government introduced a rise within the month-to-month wages of public sector staff by one thousand dirhams ($100), along with elevating the personal sector minimal wage by 10 %.

For the fifth 12 months, Morocco faces an actual menace from drought, amid dangers going through the agricultural sector, which represents the spine of the gross home product.

Anatolia

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2024-06-24 17:18:22

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