RABAT, April 13 (Reuters) - The Moroccan government said
on Thursday it adopted a decree cancelling the value-added tax
on agricultural inputs to help lower prices of fresh produce and
other agrifoods.
Food inflation jumped to 20.1% in February, bringing general
inflation to 10.1%, a level unmatched since the 1980s.
The measure is in line with efforts to "stem the sources of
inflation and higher prices both for farm produce and for
agrifood products," Prime Minister Aziz Akhannouch said in a
statement after the cabinet’s weekly meeting.
Morocco has been importing beef cattle from Brazil after it
lifted import duty to reduce meat prices.
The country has also restricted tomato exports to Africa and
Europe to ensure supply of the domestic market.
(Reporting by Ahmed Eljechtimi in Rabat
Editing by Matthew Lewis)
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