مدي 1 تي في : النشرة الاقتصادية - 21/09/2024
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NewsTranscript
00:00Welcome to the weekly news segment.
00:12The Vice President of the International Investment Guarantee Agency, Hiroshi Matano,
00:19recently visited Morocco.
00:21The bank committed to developing the economy in the Kingdom by using guarantees
00:26to attract international funds.
00:28The agency issued 810 million euros of guarantees
00:34to finance the expansion of the university complex in Rabat.
00:37It also wants to invest in future projects
00:41such as the Tanger Median Port Complex
00:44in addition to improving the infrastructure for transportation and renewable energy.
00:47The Bank said that the partnership between Morocco and international institutions
00:52will continue to strengthen vital sectors such as education and health care
00:56with the focus on achieving the goals of sustainable development
01:00and supporting the new development model for the Kingdom.
01:05Last Thursday, the government council met
01:09to discuss two draft proposals
01:11related to the anti-earthquake building
01:14applied to buildings and buildings made of concrete
01:17in the framework of the release of the high instructions
01:19of His Majesty King Mohammed VI
01:21which was given after the 8th earthquake in September last year.
01:25The two draft proposals are
01:27the anti-earthquake building
01:29applied to specific buildings
01:31with earthquake prevention rules
01:33as well as the National Committee for Earthquake Prevention Engineering.
01:37The two proposals are based on the Ramiyeh Procedures
01:39to ensure a better impact
01:41on the reconstruction of the damaged areas
01:44of the earthquake that hit the Hawes area a year ago
01:47as well as to strengthen the resilience and resistance to earthquakes
01:50that hit buildings
01:52as suggested by the Minister of National Land Reconstruction,
01:55Housing and Urbanization, Fatima Al-Zahra Al-Mansouri.
02:02The Moroccan Minister of Tourism, Fatima Al-Zahra Al-Amour
02:05announced the achievement of a record income
02:08of 59 billion dirhams
02:12in the first seven months of 2024
02:15with an increase of 3.5% compared to last year.
02:19This increase comes in the context of implementing
02:21the Tourism Road Map for 2023-2026
02:25which includes strengthening the air link
02:28and marketing the Moroccan trade mark
02:30which contributed to the increase in tourism energy
02:32for air transport by 30%.
02:34The Minister also noted
02:36the achievement of 11.8 million tourists
02:40with an increase of more than 1.6 million tourists
02:43compared to last year.
02:46The Central Bank of Egypt revealed
02:49the payment of a foreign loan
02:51in the form of interest and interest rates
02:53during the first nine months of the past financial year
02:56of about 23.8 billion dollars.
02:59The Central Bank issued a statement
03:02on the details of the foreign loan
03:05that Egypt paid the amount
03:07during the period from June 2023
03:10until March 2024
03:12and distributed more than 16 billion dollars
03:15as interest rates and 7 billion dollars as interest rates.
03:18The statement pointed out that the financial year in Egypt
03:21starts in the first half of every year
03:23and ends in the 30th of June.
03:30The number of Americans who submitted new applications
03:33for unemployment benefits
03:35for the fourth month in a row
03:37during the past week indicates the recovery
03:39in the employment sector
03:41in the third quarter of this year.
03:43The weekly statements of the U.S. Department of Labor
03:46also indicated the rate of unemployment rates
03:48at unprecedented levels
03:50since the beginning of June
03:52where the number of applicants for unemployment benefits
03:54in the United States
03:56increased by 219,000 new applicants
03:58less than the market expectations
04:00which indicated 230,000 new applicants.
04:05The Federal Reserve Bank of the United States
04:07reduced its interest rate for the first time
04:09since 2020 by 0.5%
04:11in the last quarter
04:13where it increased
04:15between 4.75% and 5%
04:18which is likely to lead to
04:20an additional decrease
04:22before the end of this year.
04:24The Federal Reserve Bank
04:26increased its interest rate
04:28and indicated that the time is now
04:30to re-adjust the economic policy.
04:32This decision was made before the U.S. presidential election
04:34in a targeted plan to support
04:36the stability of the economy
04:38as well as the stability of the labor market
04:40and the rate of unemployment
04:42in the last period.
04:44This brings us to the end of this episode.
04:46Goodbye.