مدي 1 تي في : النشرة الاقتصادية - 04/07/2024
Category
🗞
NewsTranscript
00:00The Moroccan National Office for Tourism has announced the launch of a large-scale communication campaign with a number of intermediaries aimed at domestic tourists,
00:18in partnership with the Moroccan National Office for Iron Doors, in order to revive domestic tourism and inspire many tourist destinations in the Kingdom.
00:27Tourists will benefit from many advantages, especially in terms of low and motivational prices for transportation through the network of the National Office for Iron Doors.
00:38In the summer of 2024, the National Office for Iron Doors will launch 350,000 travel tickets at affordable prices, starting from 89 dirhams for high-speed trains and 49 dirhams for Atlas trains.
00:55The two companies also launched a card with the slogan Yalla Morocco, which recommends a 30% discount on all prices for Atlas and Iron Doors trains.
01:09As always in Morocco, the first data on the half-yearly income of the White House Stock Exchange revealed a relatively positive performance, despite the difficult economic circumstances and the continuation of the dry and sweltering dry season on the financial market.
01:26The figures showed a positive 10% increase to 10.30 points at the end of last June.
01:35In contrast to last year, where investors were exposed to financial turmoil, the first half of this year was stable, as the market witnessed stages of development,
01:46which led to slight stops, which allowed for a consistent growth, which directed positive messages to investors and encouraged their transactions to reach 36.5 billion dirhams,
01:59compared to 15.1 billion dirhams in the first six months of 2023, which is more than double.
02:07The most important increases in the White House Stock Exchange transactions were focused on three main sectors, which are real estate, renovation and health,
02:15which achieved a growth rate of 121%, 41.42% and 39.31%, after being recorded by an important resistance against the effects of geopolitical tensions,
02:33namely the Russian war on Ukraine and the rise in the price of raw materials, as well as the deterioration of subsidies at the level of value chains.
02:42We also stop at the debts of the world governments, which recorded an unprecedented level of almost 91 trillion dollars, which equates to the size of the global economy,
02:55which has become like a bomb that can explode at any moment, causing huge losses to the people of the countries, the city and the debt, to an equal extent.
03:04With the continuation of the high interest rates for a period of time, the expectations of economists have increased a lot,
03:11so that it has become a threat to the levels of living in the developing and rich economies, including in the United States.
03:20Experts say that in a year that witnessed elections in many of the most destitute places on the world map,
03:28the political problem is being ignored to a large extent, and most of them do not dare to announce their intention to increase taxes or reduce government spending.
03:36And some of them sometimes went to extravagance in presenting promises in a way that could lead to an increase in inflation once again,
03:44and therefore the entry of the world into a new financial crisis.
03:49Let's now move to Turkey, where the inflation rate for the first time in eight months has receded faster than expected from the peak it reached last May,
03:59and the annual inflation rate has receded to 71.6% in June, at a time when economists expected that the annual inflation rate would be 72.6%.
04:09Thus, Turkey has begun to lower its two-year high in living costs as a result of a large increase in inflation,
04:17and investors are watching closely how inflation will be slow at a time when they are accumulating local assets,
04:24as the future path will determine the levels of prices, as well as when the interest rates will return to the agenda of the monetary policy makers,
04:33who have stated that they are committed to high interest rates in order to achieve a large and consistent decrease in monthly inflation.
04:41It is mentioned that the Central Bank of Turkey, since June of 2023, has been trying to raise the interest rate in an attempt to reduce inflation,
04:50and this rate reached 50% in March of 2024, and the interest rate remained unchanged during the last three months,
04:58at a time when the Turkish government was planning to lay off.
05:08This is the end of this economic broadcast. Thank you for watching.