JT Economie - 23/01/2024
MEDI1TV Afrique : JT Economie - 23/01/2024
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00:00 Welcome to Mediain TV, the main news right now.
00:11 We open this edition in Morocco.
00:14 The capacity of the dams has increased since September and until now,
00:19 with additional imports that have reached a total of 646 million cubic meters.
00:26 This is what the Minister of Equipment and Water, Nesar Barakan, said.
00:30 The Minister also indicated that the recent rainfall recorded in several regions of Morocco
00:37 has brought the water deficit from 70 to 57% compared to normal years and 37% compared to last year.
00:47 Noting that the filling rate of the dams is 23.2% compared to the 31.7% recorded last year.
00:58 The Minister noted in this sense that the water import rate has reached 3.7 billion cubic meters
01:06 against 5 billion cubic meters recorded in 2023.
01:10 Still in Morocco, the net bank product of Moroccan banks was established at 30.2 billion dirhams in the first half of 2023.
01:19 It has thus shown a 9% increase on an announcement according to Banque le Marib.
01:25 The net result of the banks has for its part displayed a growth of 13.6% to 9.3 billion dirhams at the same time.
01:35 The Moroccan banking sector, made up of 88 credit institutions,
01:40 has seen positive developments in various indicators, reflecting a continuous dynamic despite the economic challenges.
01:49 We continue with the agricultural export flows which are impacted by the crisis in the Red Sea.
01:55 According to the Moroccan Association for Intercontinental Road Transport in Morocco,
02:00 the transport costs to Asia have now doubled and the delivery times have increased from 10 to 15 days,
02:07 which makes the export of Moroccan goods too expensive for the final Asian consumer.
02:13 This crisis also coincides with the supply period in preparation for the month of Ramadan,
02:20 which cuts Moroccan exporters from countries with a strong Muslim population in Asia,
02:25 such as India, Bangladesh, Pakistan and Malaysia.
02:30 For the moment, it is still difficult to assess with precision the impact of the crisis on Moroccan exporters,
02:37 as the Moroccan countryside is already suffering from the effects of drought,
02:43 which has considerably reduced exports to Asia.
02:47 Exporters are focusing on the European market, with the volumes they have already been able to harvest this season.
02:55 In the news also,
02:57 Jordan has imported more than 3.8 million barrels of raw Iraqi oil last year,
03:03 according to the Jordanian Ministry of Energy and Mineral Resources.
03:08 The Iraqi raw oil for Jordan is being transferred from Kirkuk to the refinery of the industrial city of Zarqa,
03:17 northeast of the capital Amman.
03:19 Jordan had negotiated and obtained last July an increase of 50% of its imports of Iraqi raw oil,
03:28 at 15,000 barrels per day and at preferential prices,
03:33 i.e. 450,000 barrels per month instead of 300,000.
03:37 The Iraqi party had agreed to increase the quantities of raw oil exported to Jordan from 10,000 to 15,000 barrels per day,
03:47 with the same contractual conditions as signed in the Bilateral Oil Supply Agreement Protocol, signed in May 2023.
03:56 And finally, we go to the United States, where the sales of old housing have fallen in December.
04:02 They have thus closed the worst year for the real estate market for nearly three decades.
04:08 Sales have fallen by 1% compared to November, to reach a rate of 3.78 million according to official data.
04:17 For the whole of the year 2003, sales have returned to their lowest level since 1995.
04:25 The real estate market was shaken last year when the Federal Reserve increased the borrowing rates to their highest level since the early 2000s.
04:35 The Federal Reserve officials have since turned to a rate reduction,
04:41 lowering mortgage rates after a peak close to 8% last October.
04:47 Note that last December, the number of old housing to be sold fell to 1 million, the lowest level since March.
04:56 The average sales price climbed to nearly $383,000 in December.
05:02 This is the end of this edition. Thank you for following it.
05:06 Very good follow-up of the programs on Median TV.
05:09 [MUSIC]