RABAT, Morocco (AFP) – Morocco stated Wednesday it’ll launch an almost $1 billion assist programme to assist its agriculture trade, which has been hit exhausting by a very acute drought lately.
The emergency plan “goals to mitigate the consequences of delay in rainfall, to alleviate the impression on agricultural exercise and to supply help to the farmers and livestock breeders affected”, the royal palace stated in an announcement.
The plan will price a complete of 10 billion dirhams ($1 billion).
Regardless of hopes of a reprieve from the drought, the nationwide rainfall common is 75 millimetres, down two thirds in comparison with a standard season, the royal cupboard stated.
And dam reserves have plummeted, stuffed at a stage of simply 33 % as of Wednesday, in comparison with 48 % this time final yr, official information confirmed.
The dominion’s economic system, already hit exhausting by the Covid-19 pandemic, is closely depending on agriculture, which contributes 12 % of GDP.
© Agence France-Presse