«النخبة الآسيوية»: الهلال المتألق في ضيافة الريان المنتشي بانتصاراته
Baitas: Morocco has a 5-month wheat reserve
Morocco, which imported part of its wheat needs from Ukraine and Russia, two countries currently at war, had to find other sources of supply to cover its needs and build up a reserve.
Asked about the state of the Kingdom’s strategic stock during the press briefing following the government council meeting this Thursday, government spokesman Mustapha Baitas assured that the country has a 5-month wheat reserve.
With regard to hydrocarbons, the Minister indicated that “the current availabilities are sufficient”, but no one knows what tomorrow will bring.
Returning to the Strategic Stock, Baitas said that the government has considered the issue since it was mentioned by the King in the speech at the start of the parliamentary session.
The Executive started to work on it, but the prices were quite different at the time, today everything has changed, he argued.
“Morocco is certainly far from the area of the Russian-Ukrainian conflict geographically, but the impact of supply chain disruptions is being felt, and so are price increases.“, Baitas further said, noting that “ the increases are linked and no one knows where or when it will stop “.
He added in the sense that at the beginning of the year, the rainfall deficit did not facilitate things at all, but “ there is a recovery and things may improve “.
“The strategic stock requires a public policy and a dedicated budget. The vision is there, but the implementation will take some time”he concluded.
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