Holiday season with schools devouring Moroccan household incomes

Moroccan

High Planning Commission said in Morocco that the poor families in the country will spend 78% of their monthly spending on Eid al - Adha and the new school year rate, which coincided this year timings.

HCP said in a statement issued Friday that the first Eid al - Adha expenses make up an average of about 29% of the year the monthly household expenditure ofMorocco , while the ratio of up to 57% of poor households.

The statement added that "to perform the rituals of Eid choose Moroccan families Odhatha of sheep (up 96.2%), while the rest of the families resort to buying goats (3.3%), or by cows (0.5%)."

The statement pointed out that the amount of meat consumed on the occasion of Eid al-Adha constitute about 41% of the total consumption of red meat annually by the Moroccan families.

With regard to the expenditure of the schools, and remember that the education sector prices in Morocco have been rising dramatically in recent years, higher than the consumer price rate of pace, and inflation reached prices of education ratio of 3.4% annually since 2007.