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Moroccan government cancels value-added tax on agricultural products

2023-04-14 00:00

Yesterday, the Moroccan government adopted a decree cancelling the value-added tax on agricultural inputs, searching to help lower prices of fresh produce and other agrifoods. In the African country, 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

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Freshplaza.com
Freshplaza.com

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