BOUSSAID, Minister of Economy and Finance, presented, Wednesday, May 03rd
2017, during a plenary session in the
House of Representatives, the Bill 19-17 amending the right of self- Import
duty for common wheat and its derivatives. This Bill was unanimously adopted by
the members of the House.
occasion, the Minister stated that the Law 19-17 allows the government to
increase customs duties on soft wheat from 30% to 135% in order to keep the
marketing prices of domestic common wheat constant.
BOUSSAID thus stressed that the national common wheat is expected to increase
to some 49 million quintals this year. He explained that, given the abundant
local production and the falling prices on the international market, the preservation
of the import tax in force (30%) would have been disadvantageous to Moroccan
The Minister also welcomed the rapid interaction
of both Houses of Parliament, which understood the urgency of this law to
protect the interests of farmers