date:Aug 28, 2014
countrys high import dependency rate, the impact of the changes in international prices on domestic prices is mitigated by government subsidies of more than one million tonnes of national flour, a common wheat of standard quality used to make flour for the low?income consumers. The Government covers the difference between the actual price and guaranteed mill price. Durum wheat is not regulated.
The Government removed fuel subsidies in February 2014, narrowing the fiscal deficit from MAD 36.9bn