JT Economie - 22/05/2024
MEDI1TV Afrique : JT Economie - 22/05/2024
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00:00 Hello and welcome, it's time for your newspaper
00:09 economic of May 1. In Morocco, Banq al-Marri will increase its advances by 7 days to 30.1
00:15 billion dirhams for the period from May 10 to 16, against 28.3 billion dirhams the previous week
00:22 according to a Tijari Global Research. This level remains below the average of 45 billion
00:28 dirhams. Observed in 2024, the liquidity deficit reached a record level of 118.2 billion dirhams
00:35 at the end of April, an increase of 52.8 billion dirhams in one year. Interbank rates are
00:42 aligned with the 3% direct rate and the monial rates stabilize at 2.95%. The Treasury has
00:49 accumulated excess treasury, however with average placements on the monetary market
00:55 reaching 30.4 billion dirhams this week against 22.9 billion dirhams the previous week and a
01:02 record of 33.5 billion in April 2024. In national news also, Moroccan airports
01:10 have recorded a volume of commercial traffic of 9.5 million passengers at the end of April 2024.
01:18 This is an increase of 18% in annual traffic according to the National Airport Office,
01:25 in total on the only month of April, Morocco welcomed 2.6 million passengers, a strong
01:30 30% increase compared to April of the previous year. This performance coincided with the month
01:37 of Ramadan, a period usually characterized by low air traffic. In detail,
01:42 the Mohamed V airport in Casablanca representing 31% of global traffic,
01:47 with a 18% increase compared to April 2023. Other airports have also seen
01:54 strong growth, notably Agadir Al Masira, Rabasaleh, Marrakech, Menara, Oujda,
01:59 Engadde, Tangier, Ibn Battuta, Faisais, Enadour and Al Arouiha. In Africa, the production of the
02:06 automotive industry continues to grow, reaching 1.17 million units in 2023,
02:13 an increase of 14.5% compared to 2022. This volume even exceeds that of the sales of new vehicles,
02:21 which fell by 2.4% in 2023 to 1.05 million units. This industry is
02:29 mainly oriented towards export. According to available data, more than 80% of light vehicles
02:35 manufactured in Africa are exported, in particular on the European market,
02:39 by far the first destination for exports from the African automotive industry.
02:44 In Morocco, export represents about 90% of vehicle production. Morocco is
02:50 South Africa, monopolizing vehicle exports while Tunisia exports only
02:56 components. The expeditions of the three countries totaled more than $ 31 billion in 2023,
03:03 further integrating Africa into the value chain of the world automotive industry.
03:08 In international economic news, the inflationary wave resulting from global and regional crises
03:15 has led to an increase in the import bill of Egypt, of about $ 4 billion per month.
03:22 According to the Egyptian Ministry of Finance, expenses related to the subvention of oil resources
03:27 had increased to reach about 200 billion Egyptian pounds due to the rise in
03:34 global transport costs and the variation in the exchange rate compared to the dollar.
03:39 The slowdown of economic activity, the decline in trade and restrictive policies,
03:44 implementation to manage the inflationary effects of global crises, negatively affects
03:50 fiscal and non-fiscal revenues. According to the Egyptian Ministry of Finance, the revenues
03:55 of the Suez Canal should decrease by about 60% due to tensions in the Red Sea region.
04:02 In addition to international economic news, the International Monetary Fund has also estimated
04:07 that the real gross domestic product of the United Arab Emirates should grow by 4% in
04:14 2024. Foreign demand for real estate and the increase in bilateral and multilateral
04:21 links continues to stimulate the rapid growth of real estate prices, while contributing
04:25 to the abundance of national liquidity, the financial institution.
04:30 For the IMF, global economic growth should be supported by a higher growth of
04:36 hydrocarbons this year, partly thanks to the increase in gross oil production
04:41 as a result of the increase in the OPEC+ quota of the United Arab Emirates.
04:46 It should be noted that in his latest report on regional economic prospects, published
04:50 in April, the IMF had anticipated a 3.5% GDP growth in 2024 for the United Arab Emirates.
04:59 This is the end of our edition today, thank you for following it, good luck with the programs.
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