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MEDI1TV Afrique : JT Economie - 10/12/2024

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00:00Hello and welcome, it's time for your economic newspaper in Marocco.
00:13The sector of tourism is booming during the first 11 months of the year.
00:17Tourist arrivals have reached 15.9 million during this period, which is a 20% increase
00:24compared to the same period of the previous year.
00:27According to the Ministry of Tourism, Crafts and Social and Solidarity Economy, this increase
00:33is due to a strong increase in foreign tourists, which increased by 23%,
00:38i.e. 1.5 million additional visitors, as well as a robust growth of 17% of Moroccans
00:46living abroad contributing to 1.1 million additional arrivals.
00:51As for the only month of November, Morocco welcomed nearly 1.3 million tourists,
00:57a strong increase of 31%.
01:00In national economic news, Morocco's gross domestic product
01:06reached 1,463.3 billion dirhams in 2023, a 10% increase compared to a year earlier.
01:15According to the High Commissioner for the Sector of Societies and the first producer
01:20of national wealth, it recorded a contribution of 45.1% to GDP.
01:26In the public administration sector, it displayed a contribution of 15.2% to GDP
01:32against 16.3% in 2022.
01:35Subsidized net taxes on production and imports, on the other hand,
01:41recorded a gain of 0.5 points compared to 2022, to reach 10.1% of GDP.
01:49We are still in Morocco, where the income available to households per inhabitant
01:55has increased from the previous year.
01:57It reached 26,903 dirhams against 24,791 in 2022, which is an improvement of 8.5%.
02:08In the National Accounts Regulation, covering the previous year,
02:12the HCP indicates that, following the evolution of 6.1% of the general index of consumption prices,
02:19the purchasing power of households has improved by 2.4 points after a drop of 3 points recorded in 2022.
02:26Overall, the gross available income of households experienced a growth of 9.6% in 2023,
02:33to reach 996 billion dirhams against an increase of 4.6% recorded in 2022.
02:41In detail, the remuneration of employees contributed up to 45% to this income
02:47with a progression of 5%.
02:49The mixed income, including gross excess of housing services,
02:54represented 40% of the gross available income of households and experienced an evolution of 14%.
03:01However, income and heritage taxes, mainly tax on wages and social contributions,
03:09contributed a negative 16.9% to the formation of the available income of households.
03:16We continue our journal in Saudi Arabia, where the gross domestic product recorded a growth of 2.8% in the third quarter of this year compared to the same period of the previous year.
03:29According to the General Authority of Statistics of Saudi Arabia,
03:32this growth was carried out by an increase of 4.3% of non-oil activities,
03:39according to the relative data, the GDP and the national accounts for the third quarter of 2024.
03:45Oil activities showed a marginal progression of 0.05%,
03:51while government activities recorded a positive increase of 3.1% compared to the third quarter of the previous year.
04:00According to the results published, the GDP corrected seasonal variations increased by 0.9% compared to the second quarter of this year.
04:11At the height of international economic news,
04:13global trade should also reach the record figure of $33 billion this year.
04:21According to the United Nations Organization for Trade and Development,
04:25this increase of $1 billion, reflecting an annual growth of 3.3%,
04:31highlights the resilience of global trade despite persistent challenges.
04:36The steady growth of trade and services rose by 7% over the year to represent half of the expansion,
04:44while commodity trade increased by 2% but remained below its peak in 2022.
04:51The United Nations also notes that economies traditionally developing from its engine of global trade
04:58have been confronted with opposite winds this year,
05:00with a 1% import contraction and a drop in South-South trade of the same magnitude in the third quarter.
05:08On the other hand, developed economies have drawn growth in the third quarter,
05:13the stability of demand having led to an increase of 3% in imports and 2% in exports.
05:21Despite these challenges, developing economies still have the opportunity to be part of highly growing sectors.
05:28This is the end of our edition today.
05:30Good luck with the programs on our antenna.