Africa

Moroccans struggle to secure basic needs as prices rocket

Moroccans visiting this vegetable and fruits in the city of Sale have been finding it harder and harder to buy from it. 

As inflation continues to rise, many people in the country are finding themselves priced out of certain things, including food.

”If we take a look at the prices of vegetables in the market we will notice that they are still high, and people can no longer afford to buy. Before, 100 Moroccan dirhams (about 10 euros, editor’s note) were enough to buy vegetables for a week. Now, even 300 dirhams (about 30 euros, editor’s note) are not enough. That’s almost a 200% increase in the citizens’ purchasing power,” said Abdessalam el-Mahdaoui, a retiree.

The government in a report that inflation accelerated to 8.9% in January, up from 6.6% in December.

”..First of all, we must lower [the prices of] basic necessities: flour, sugar and oil, because these are products that people use a lot,” said Khadija el-Asri, a housewife. 

Morocco has been negatively impacted by the conflict in Ukraine war, as have the rest of the world’s economies, as commodity prices have risen; food and energy in particular.

Under pressure from protests last year, the government scaled up social protection. But discontent remains.

The country’s Central Bank had expected inflation to slow to 3.9% in 2023 from last year’s high of 6.6%.

Source: Africanews

Donate to Breeze of Joy Foundation

Global NewsX

Global NewsX is a news sharing website that offers a wide range of categories, from politics and business to entertainment and sports. With its easy-to-navigate interface, users can quickly find the news they are looking for and stay up-to-date on the latest global events. Whether you're interested in breaking news, in-depth analysis, or just want to stay informed, Global NewsX has got you covered.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Home
Videos
Back
Account