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Morocco’s subsidies reform may affect sugar

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Agra-Net

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Morocco’s subsidies reform may affect sugar

Friday June 01 2012

Morocco plans to reform its costly subsidies system before the end of June, as it seeks to pull key economic indicators out of the red and create employment, the minister in charge of the issue told Reuters.

The move would be one of the boldest reforms taken by a government led since January by Justice and Development, a moderate and former opposition Islamist party that won an election last year amid a resurgence of faith-based movements after the Arab Spring.

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