MEDI1TV Afrique : JT Economie - 27/06/2024
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00:00Hello and welcome to your daily economic news meeting in Morocco.
00:11Bancal Maghreb anticipates a 4.4% budgetary deficit of GDP in 2024, equal to that of the previous year.
00:21This support results from the adjustment of additional loans worth 14 billion dirhams,
00:27mainly allocated to public wage increases from the social dialogue and forecasted fiscal revenues.
00:35The Central Bank also anticipates a slight improvement of the deficit in 2025, reaching 4.1% of GDP.
00:43The first five months of 2024 saw an increase of 10.8% of ordinary revenues thanks to increased tax returns,
00:52while global spending slightly increased by 1.2%, mainly due to goods and services expenses.
00:59Compensation charges and investment expenses, on the other hand, have decreased.
01:05We continue our daily with the macroeconomic prospects at the national level of Bancal Maghreb,
01:10which expects inflation to slow down faster than expected this year.
01:15Taking into account the achievements and resumption of the decompensation process,
01:20inflation should end the year at an average rate of 1.5% and go to 2.7% in 2025, according to Bancal Maghreb.
01:30Its underlying component, which translates the fundamental trend of prices, would evolve to moderate levels,
01:37i.e. 2.3% this year and in 2025.
01:40The Central Bank predicts that fuel and lubricant prices should see a drop of 0.3% this year,
01:47then increase by 1.7% next year.
01:51Internationally, African airlines are performing excellently in the annual Skatetracks 2024 ranking.
02:00Royal Air Maroc has been ranked best regional airline in Africa for the 10th time in a row.
02:06In terms of the African continent, the national airline is the second best African airline in the ranking,
02:11ahead of its South African Airways, Kenya Airways and Rwanda Air.
02:16Ethiopian Airlines wins first place for the 7th time in a row.
02:21It has also won the prize for best business class in Africa for the 6th time in a row.
02:26In 2023, Royal Air Maroc improved its ranking to top 100 worldwide, winning 13 places in 2024.
02:33However, the company returns to second place, ranking 55th.
02:38Worldwide, Qatar Airways holds the position of best airline in the world, followed by Singapore Airlines and Emirates.
02:46Still in Africa, 570 million dollars is the amount that the Ivory Coast will receive from the International Monetary Fund.
02:54It is an additional support in the term of a review of the economic and financial programs concluded with the IMF on the period 2023-2026.
03:03The Ivorian authorities concluded in May 2023 with the IMF an agreement on two economic programs of a amount of 3.5 billion dollars,
03:12aimed at supporting the efforts of the state to preserve macroeconomic stability.
03:17After its evaluation, the IMF estimates that the Ivory Coast economy remains resilient in an ever-difficult global context.
03:25Average prospects remain favorable and growth for this year should be 6.5%, while inflation should be between 1 and 3% by the end of the year.
03:40We continue our economy news with the latest statistics of Interpol.
03:45Nearly 4,000 people have been arrested and $257 million seized during a large international police operation against online fraud.
03:55The coup d'état carried out by the International Police Cooperation Organization, of which 61 countries,
04:01also allowed the freezing of 6,745 bank accounts and the identification of 14,643 other suspects on all contacts.
04:11The operation, called First Light, spread over several targeted months, in particular investment fraud, false purchase sites,
04:19embezzlement or feelings scams.
04:22The various police forces involved have seized around $135 million in cash and $2 million in cryptocurrency.
04:31Real estate, jewelry and luxury cars have been seized for more than $120 million.
04:38This is the end of our edition today. Excellent follow-up of the programs on our antenna.
04:49Thank you for watching.