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Moroccan government threatens price manipulators during Ramadan

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Continued efforts by the Moroccan government to maintain price stability and the purchasing power of citizens, especially in the upcoming month of Ramadan.

Moroccan Prime Minister Aziz Akhannouch confirmed Monday night in Rabat that the government will take strict decisions regarding each violation of some materials, during the process of supporting markets during the holy month of Ramadan.

Akhannouch stressed, after holding a ministerial meeting, which was dedicated to keeping pace with normal market supply procedures during the month of Ramadan, that some materials will be subject to special tracking and tracing.

strict decisions

The Moroccan Prime Minister also stressed, in a statement that “Al-Ain News” received, that the government will take strict decisions whenever it detects any violation of any kind.

Akhannouch added that this meeting, held before the start of the month of Ramadan, aims to identify measures to ensure normal supply to the market during this holy month, expressing satisfaction with the abundance of all materials in the markets.

He stressed that the process of monitoring the prices of consumable materials and their availability in the market is carried out permanently, so that the monitoring shows that “there is stability in the prices of some materials, while other materials are affected by the international context”.

internal restoration

For his part, the Minister of Agriculture, Fisheries, Rural Development, Water and Forests, Mohamed Seddiqi, said that this meeting sought to supply the domestic market with raw materials that are consumed, especially during the month of Ramadan.

He stressed that the market supply would be sufficient in terms of raw materials, especially grains, vegetables, legumes (lentils, chickpeas and beans), milk and all products of animal origin such as red and white meats, eggs and seafood.

My friend explained that prices were also discussed at the meeting, pointing out that each change in the prices of some products in recent weeks is linked to a specific reason, stressing that “monopoly and conflict of interest cannot be accepted.” prices”.

He pointed out that the government will take very strict measures in this context, as well as work with professionals through the vegetable, milk and poultry federations, in order to stabilize prices and maintain their adequate and usual level.

Abundance

For his part, the Minister of Industry and Commerce, Riad Mazur, confirmed that all consumer products during the month of Ramadan will be available in the markets.

The official indicated that prices were carefully monitored and ways to reduce the burden on the purchasing power of citizens were studied, in addition to finding various solutions that would mitigate the impact of the international situation in this regard.

Regarding monitoring, 65,000 monitoring operations were carried out and 5,000 infractions were identified in the markets from January to today, which points to the intensification of this monitoring and its focus on some products that are known as a type of speculation.

He also explained that the focus has been on 3 or 4 products, which have known a kind of rise in the level of prices and monopoly, stressing that “the government will fulfill its duty to reduce speculation to reduce the burden on purchasing power of the citizen.”

market position

For her part, the Minister of Economy and Finance, Nadia Fattah Alawi, stated that this meeting was an opportunity to review the situation of supply and prices in the markets, especially during the month of Ramadan.

The minister stressed that all partners will mobilize at the central, regional and local levels to ensure the availability of all the materials consumed during this sacred month to citizens.

He also highlighted that monitoring and follow-up is done in order to avoid any monopoly on materials or price manipulation, recalling the monitoring operations in the field that are carried out with all local partners.

The minister concluded that “many of the subsidized products, such as sugar and wheat, have not changed in price, while other non-subsidized products are careful not to be monopolized in the market.”

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