Bloomberg
By Aida Alami
Morocco’s cereal harvest may fall to 3 million metric tons to 4 million metric tons this year because of the drought, the pro-government daily Le Matin reported today, citing Agriculture Ministry estimates.
The Moroccan government created an emergency plan to deal with the effects of the drought, including providing 1.53 billion dirhams ($180 million) to farmers who have lost their harvest, Le Matin reported. It also plans to keep taxes on cereal imports, which the newspaper said are at 2.5 percent, unchanged in the next few weeks.
To contact the reporter on this story: Aida Alami in Casablanca, Morocco, ataalami2
To contact the editor responsible for this story: Andrew J. Barden atbarden
.