Policy Brief - The Russia-Ukraine War and Food Security in Morocco

In line with the latest IMF forecast, a rough calculation of the macroeconomic impact of the war suggests that the average income of Moroccans may turn out to be about the same or a little lower in 2022 than in 2021 instead of about 2% higher as forecast by the IMF before the war. [...] Forecasts are based over the price increases and the depreciation of the Dirham against the dollar in the first quarter of 2022. [...] Despite the priority given to the cereal sector and to soft wheat flour, in particular, the GOM still has to shield the poor and vulnerable people from the high prices of wheat and other Policy Brief - N° 34/22 - April 2022 10 basic commodities through subsidies. [...] The Policy Center for the New South (PCNS) is a Moroccan think tank tasked with the mission of contributing to the improvement of international, economic and social public policies that challenge Morocco and Africa as integral parts of the Global South. [...] The PCNS advocates the concept of an open, responsible and proactive « new South »; a South that defines its own narratives, as well as the mental maps around the Mediterranean and South Atlantic basins, within the framework of an open relationship with the rest of the world.