مدي 1 تي في : النشرة الاقتصادية - 11/02/2025
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00:00Welcome to the Economic News segment.
00:11The head of the International Monetary Fund in Morocco, Roberto Cardarelli, said that the Moroccan economy is expected to grow by 3.9% in 2025 after a 3.2% growth in 2024.
00:27Cardarelli pointed out that this improvement is due to the expected resumption of agricultural production after years of drought and the continued growth of the non-agricultural sector due to strong local demands.
00:41He also expected a 2.0% inflation and a 3.0% decrease in the current deficit. He also said that the following monetary policy from the Central Bank is suitable for the current context.
00:55Cardarelli also said that the latest tax reforms contributed to the expansion of the tax haven and expanded the state's treasury, which contributed to a slight decline in trade deficit to 4.1%, or less than 20% of the announced expectations under the financial law of 2024.
01:14Moroccan exports from the clothing sector to the European Union showed a noticeable growth of 7% in the first 11 months of 2024, exceeding 2.5 billion euros, according to the Comex Center for Economic Solutions.
01:35Morocco achieved a third-highest growth rate among the main suppliers of the European Union after Cambodia and Pakistan, where Moroccan exports proved their flexibility and competitiveness. In contrast, exports from Turkey and Tunisia declined during the same period, while China remained the largest supplier of clothes to the European Union.
01:59The Saudi company Neoma has signed a partnership agreement with Data Vault, which is a Saudi company specializing in investing, developing and running data centers around the world.
02:13The agreement aims to design a huge artificial intelligence factory that works as a data center with a total capacity of 1.5 gigawatts with a primary investment of 5 billion dollars.
02:27The partnership, which was signed on the eve of the Leap Technology Conference 2025, is an important step towards achieving the 2030 vision adopted by the Kingdom of Saudi Arabia by building an economy based on data and smart technology.
02:43According to the agreement, the project will be carried out in the clean industrial city of Neoma, located in northern Saudi Arabia, which houses the largest Saudi capital project, which extends between Saudi Arabia, Jordan and Egypt.
02:57This is the first stage of a primary investment of 5 billion dollars in the project, which is expected to become operational by 2028, and will include a data center, a comprehensive system for high-density computing and an energy-efficient infrastructure.
03:15U.S. President Donald Trump yesterday issued a presidential decree imposing a 25% tax on all U.S. steel and aluminum imports.
03:30The U.S. President announced that he would announce this step, which includes steel and aluminum imports from all countries, at a previous time during his election campaign.
03:40The U.S. President insisted on imposing tariffs with the aim of supporting the implementation of his target agenda to make America great again, especially by encouraging local production and creating job opportunities in the steel industry.
03:54On Sunday, the U.S. President announced that he would impose tariffs on all countries that impose tariffs on U.S. steel and aluminum imports.
04:04These tariffs affect European Union products, which impose a 10% tax on U.S. steel, while the European steel tax on U.S. steel is only 2.5%.
04:17The European Commission has confirmed that it will respond to protect the interests of the European Union after the U.S. President Donald Trump announced that he would soon impose tariffs on steel imports.
04:29In addition, it will not respond until it obtains a detailed explanation of the procedures.
04:36The Commission said that it did not make any official comparison in terms of imposing additional tariffs on European Union goods, indicating that it will not respond to random announcements.
04:46Trump's step will be a repetition of similar procedures in his first state, when he imposed a total of 25% on steel imports from many countries and 10% on aluminum imports.
05:00The procedures will also include tariffs on European Union products valued at 6.6 billion euros.
05:08International Lebanon's bonds rose by more than a year after the formation of a new government under the presidency of Nawaf Salam last March, to 18.3 years, which is the highest level since March 2020.
05:24This increase reflects the improvement of investors' confidence in the expectations of economic and political reforms, which may reduce the cost of future imports and attract foreign investments.
05:34As a result, the new government has confirmed that its priority is to rebuild and strengthen financial stability, with a focus on implementing financial reforms and resuming suspended negotiations with the International Monetary Fund.
05:49We have reached the end of the economic news segment. Thank you for watching.
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