date:Apr 11, 2014
of prices will not go unnoticed. 4 billion dirhams was added by end of February 2014. Given that the government still intends to provide direct subsidies to the populations in need, the reform would be progressively implemented for a three year period depending on the products sensitivity.
The 2014 Finance bill, however, expanded the tax base to incorporate agriculture into the system by taxing the revenues of large farms, and exempts small and medium-sized farms. The first tranche in a progre