Soft wheat: 3 billion dirhams in subsidies since the beginning of 2022 (M. Baitas)

Thursday, April 28, 2022 at 7:24 PM

Rabat – The subsidy allocated to common wheat has amounted to nearly 3 billion dirhams (MMDH) since the beginning of 2022, said Thursday in Rabat, the Minister Delegate in charge of Relations with Parliament, Porte -Government spokesperson, Mustapha Baitas.

“In the first 4 months of the current year alone, the subsidy allocated to soft wheat totaled 3 billion dirhams and this, under an agreement concluded by the government with flour mills and bakeries, fixing the price of this raw material at 270 dirhams per quintal,” said Mr. Baitas during a press briefing after the weekly meeting of the Government Council.

The Minister, in this context, specified that in view of the remarkable rise in the price of this substance on the international markets, the government now supports more than 100 dirhams per quintal, against 83 dirhams at the beginning of January, after the price of the quintal exceeded 500 dirhams.

Regarding the rise in prices of the rest of the basic products, Mr. Baitas said that a distinction should be made between the local product whose price is always stable and the imported products, which are subject, he said. , fluctuations in the international market.

According to him, the measures taken by the government in terms of limiting exports, control in wholesale outlets and dialogue with professionals, have made it possible to reduce the prices of a set of basic necessities, particularly vegetables, the prices of which are currently stable and are even tending to fall.

On the other hand, he added, imported products are generally subject to fluctuations in the international market, pointing out, in this regard, that the government is committed to closely monitoring the price trends of these products.

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