Economic Impact – Discovery Morocco

Eid Al-Adha in Morocco brings its share of financial challenges for many families. A recent survey conducted by the Moroccan Center for Citizenship (CMC) reveals the difficulties encountered in purchasing and feeding the sheep needed for this celebration. This poll highlights economic disparities and varied opinions on government policies.

Read also: Sheep in Berrechid: Mass death.

The Economic Burden of Eid Al-Adha in Morocco

Every year, purchasing a sheep for Eid Al-Adha represents a significant expense for Moroccan families. The CMC survey, carried out between May 21 and 31 on a sample of 1,000 people, shows that 55% of Moroccans find these costs difficult to manage. In addition, 23% of respondents believe that these expenses are quite difficult to bear, highlighting significant economic pressure.

Disparities and Financial Challenges

The survey results reveal a significant disparity in the ability of households to bear these costs:

  • 55% find costs difficult to manage.
  • 23% find them quite difficult.
  • 17% say they manage them without difficulty.

These figures show that the majority of Moroccan families feel significant financial pressure during Eid Al-Adha. The majority of those surveyed said that foregoing the purchase of a sheep would deprive their children of the joy of the festival, highlighting the importance of this tradition.

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Opinions on Government Policies

Perceptions of government policies are varied. Around 64% of Moroccans believe that current policy will not make it possible to lower prices. They believe that these measures mainly benefit breeders and farmers. In addition, 82% of respondents prefer the government to provide direct aid to poor households rather than subsidies to importers.

Economic Consequences and Potential Solutions

Eid Al-Adha in Morocco has significant economic repercussions, particularly in terms of sheep prices. The current economic crisis and the decline in purchasing power are increasing the financial challenges for Moroccan families.

Read also: Eid Adha 2024 Morocco: Preparations and directives from ONSSA.

Impact of Drought on Prices

The persistent drought has seriously affected pastures and local production, leading to rising sheep costs. In response, the Ministry of Agriculture imported 600,000 head of sheep to ensure sufficient supplies. However, prices remain high. Sector professionals predict a price increase of around 15%, bringing the cost of Sardi breed sheep to between 70 and 75 DH per kilogram.

Household Adaptation Strategies

To manage these high costs, households adopt various strategies:

  • Use of savings : 30% of respondents use their savings to buy a sheep.
  • Informal borrowing : 5.3% borrow informally.
  • Family solidarity : 3.7% rely on help from their family.
  • Company bonuses : 3% benefit from bonuses.
  • Bank loans and donations : 2% obtain their sheep through loans or donations.

These strategies show the resilience of Moroccan families facing the economic challenges of Eid Al-Adha in Morocco.

In conclusion, Eid Al-Adha in Morocco represents a significant economic burden for Moroccan families, exacerbated by the economic crisis and drought. Government efforts to stabilize prices and household coping strategies are crucial to keeping this tradition alive. However, additional measures may be needed to ease financial pressures on families and ensure a smooth celebration of this important religious holiday.

For more news on Morocco, click here.

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