Area
Morocco
Commodity Group
Oilseeds, oils and meals
Commodity
Olive tree
Date
01/04/2020
Policy Category
Production
Policy Instrument
Production support measures
Description
Stepped up efforts to increase the olive sectors productivity, giving special attention to export-oriented operations.
Notes
Sector development measures Morocco (olive tree): The European Bank for Reconstruction and Development (EBRD) pledged to loan up to MAD 55 million (USD 5.6 million) to the Moroccan olive oil sector in a bid to boost its productivity. Reportedly, the funds are earmarked for the construction of an olive oil mill in the Fez-Meknes region as well as other projects aimed at increasing the number of farmers involved in olive tree cultivation. The initiative complements efforts by the Moroccan Government to increase the sectors capacity and output, with special attention given to export oriented operations. (See also MPPU June17)
