Morocco introduces new wheat import subsidies scheme

19/12/2013,

On 19 December 2013, ONICL, the state grains agency, introduced an import subsidy system, to be effective from 1 January until 30 April 2014, in an effort to ensure adequate supplies of common wheat to the local market following current domestic price increases. Under the scheme, importers would be reimbursed 85% of any costs over MAD2,600/t (US$317).

Country: Morocco