The Moroccan government approved several decrees presented by Fouzi Lekjaa, Minister Delegate to the Minister of Economy and Finance, during a meeting on Friday.
The first decree, No. 2.24.960, suspends the collection of import tariffs on virgin and extra virgin olive oil.
Decree No. 2.24.961 amends decree No. 2.24.064 from January 25, 2024, to continue the suspension of import tariffs on domestic cattle.
The government also approved Decree No. 2.24.962, which suspends import tariffs on domestic sheep, and Decree No. 2.24.963, which exempts import tariffs on meat from domestic animals, including cattle, sheep, goats, and camels.
“These measures aim to manage import tariffs on essential goods to regulate prices and ensure market stability in the country,” according to a statement from the Ministry of Relations with Parliament.