JT Economie - 19/04/2024
MEDI1TV Afrique : JT Economie - 19/04/2024
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00:00Welcome to Median TV, right away the main news of economic news.
00:11We open this edition in Morocco with the sector of aeronautics.
00:15Royal Air Morocco and Safran Aircraft strengthen their partnership in the maintenance of aircraft engines.
00:21They inaugurated this Thursday the extension of their site in Nouassar, Casablanca.
00:27The two partners have also signed a memorandum of understanding.
00:31This partnership will allow the increase of the capacity of the site of 2,000 additional square meters
00:38and the increase in the number of maintenance operations from 70 to 100 per year by 2026.
00:46And to support this development, the company also plans to recruit a hundred people,
00:53which will bring the global workforce to 350 people by 2026.
00:58Let's listen to this subject, the CEOs of La Ram and Safran.
01:02Today, the site of SESM is one of the best sites in the world in terms of quality,
01:08quality of service and security in the management of engines, so it is a pride.
01:14The signing of the memorandum today allows us to better understand the future
01:19and to move from a little less than 70 engines per year to 100 engines per year.
01:24And our ambition, as I said a little earlier, is also to move towards new generation engines.
01:30The ambition is, I would say, to offer all our customers a network system of maintenance and repair workshops
01:38to the standard of the one we have here in Morocco.
01:42And we have an increase in these after-sales activities that will be very important
01:47in the years to come.
01:49Hence this renewed ambition today to increase to more than 100 engine treatments per year
01:54here on our site in Casablanca.
01:57In the national news as well, the Haut-Commissariat-Au-Plan carried out an investigation
02:02with households.
02:04The results show that 9.3% against 90.7% of households plan to save
02:11over the next 12 months.
02:14The results of the investigation show that in the first quarter of 2024,
02:18the morale of households experienced a relative improvement compared to the previous quarter
02:23and a degradation compared to the first quarter of 2023.
02:28Thus, 82.5% of households declared in the first quarter a degradation of the standard of living
02:36over the last 12 months, 13.1% a maintenance at the same level and 4.4% an improvement.
02:45Over the next 12 months, 56.9% of households expect a degradation of the standard of living,
02:5233.5% a maintenance at the same level and 9.6% an improvement.
02:59The Haut-Commissariat-Au-Plan also states that in the first quarter,
03:0383.6% against 6.1% of households anticipate an increase in unemployment
03:10over the next 12 months.
03:12Also note that 80.7% against 7.8% of households consider that the time is not appropriate
03:21to make purchases of sustainable goods.
03:24And then in international news, the annual inflation rate of the eurozone
03:29was 2.4% last March, a decrease of 2.6% recorded last February
03:38and 6.9% recorded in March 2023, according to the European Office of Eurostat Statistics.
03:46In the whole of the European Union, the annual inflation rate was 2.6% last March
03:53against 2.8% in February and 8.3% last year.
03:59The lowest annual rates were recorded in Lithuania, Finland and Denmark,
04:05while the highest rates were recorded in Romania, Croatia, Estonia and Austria.
04:13Recalling that in March, the highest contribution to the annual inflation rate of the eurozone
04:19came from services, followed by food, non-energy industrial goods and energy.
04:26We now go to Saudi Arabia, where the asset of local and foreign investment funds
04:32on the Saudi market showed an increase of about 5% at the end of the last quarter of 2023.
04:39This constitutes an increase of 1.5 billion dollars,
04:43to reach about 33 billion dollars, according to the Saudi Central Bank.
04:49This growth was achieved in favor of the increase in local assets,
04:54which had a 7% increase.
04:58Assets of investment funds have been distributed
05:01according to the type of investment in nine categories,
05:05at the top of which are the highest in terms of value,
05:09the asset of local shares with 22.8% of the total assets of investment funds,
05:16followed by the asset of real estate investments of 20.2% of the total investment assets.
05:24And finally in Jordan, the increase in consumption prices
05:28continued last March for the ninth consecutive month,
05:32according to a report from the World Bank.
05:34Since August 2023, food prices have continued to increase at varying rates over a year.
05:42They reached 1.72% during the first quarter of this year,
05:48compared to the same period in 2023.
05:51According to official statistics,
05:54the overall consumption price index for last March reached 111.61,
06:01compared to 108.83 for March 2023.
06:06Also know that in its report,
06:09the World Bank expects an increase of 2% of the inflation rate for this year,
06:14which could stabilize at 2.1% over the next two years.
06:20In this sense, the report congratulates the efforts made by the Jordanian government
06:26in order to strengthen national food security.
06:30This is the end of this edition.
06:32Thank you for following it.
06:34Have a good rest of the program on Median TV.