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News analysis

Tax hikes due in Morocco to finance health bill and address country’s deficit

Written by || 28th November 2022 || News analysis | Regulation and legislation | Tax | GeographiesAfrica Morocco

The Moroccan government will look to increase taxes on some tobacco alternative products in a move to finance a costly health bill in 2023 and address the country’s deficit in an attempt to balance the budget, according to two governmental sources.

“There will be an increase in taxes on certain smoking products. Also alcoholic drinks will also see a rise in taxes,” a Moroccan legislator, told TobaccoIntelligence. The parliamentarian, who requested not to be named, sits on the Financial and Economic Development committee – which has oversight of the new tax proposal.

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TobaccoIntelligence

This article was written by one of TobaccoIntelligence’s international correspondents. We currently employ more than 40 reporters around the world to cover individual nicotine markets.

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