مدي 1 تي في : النشرة الاقتصادية - 07/12/2024
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00:00Welcome to Economic News.
00:11In a general session on Thursday, the Council of Consumers mostly agreed on the financial
00:17law for the financial year 2025, and the bill was adopted during this session, which was
00:23attended by the Minister of Economy and Finance, Nadia Fattah, and the Minister of Finance,
00:28Fawzi Al-Qajar, as well as a number of government members, with 46 parliamentary advisers, while
00:3413 other advisers were opposed, and four abstained from voting.
00:39The Council had previously mostly agreed on the second part of the bill, and the financial
00:45law, or the bill of the financial law, according to the following source, will be adopted by
00:50the Council of Representatives to study and vote on it within a second reading.
00:57The two executive directors of the International Bank agreed on the second project to identify
01:02and target the beneficiaries of the social protection in Morocco, worth $70 million,
01:07with the aim of continuing to support the ambitious reform that is being carried out in this field.
01:12The bank noted that this new initiative, which comes based on the achievements of the first
01:17project, which witnessed the success of the design and implementation of the national
01:22bank, will contribute to the support of the foundations of an innovative social protection
01:27system and facilitate access to social services, especially for the benefit of the deprived
01:32families.
01:33During his meeting with the President of the Government, Aziz Akhannouch, Thursday in
01:38Rabat, the President of the African Bank Group for Development, Akinomi Adesina, said that
01:43Morocco is the first beneficiary of bank investments with a capital of $3.6 billion,
01:49where the bank will support a number of projects worth $1.5 billion during this year.
01:54He also mentioned to the President of the Government that during these researches, the
01:59great transformation that Morocco is witnessing under the leadership of His Majesty King
02:04Mohammed VI, which enabled the Kingdom to be located in the top countries in the world
02:09and the most stable and advanced countries in Africa.
02:15The Minister of Industry and Trade, Riyad Mazzour, said in a cabinet meeting that the
02:19small business is still 80% of the national market for close trade.
02:24Mazzour revealed that the small business is in the interest of the government, given the
02:29strong social role.
02:31It is clear that each Moroccan family lends 840 dirhams on average.
02:3630% of these transactions have nothing to do with the goods they sell, but are linked
02:41to the payment of taxes or the citizen's rent directly.
02:45Mazzour highlighted that the governments are working to strengthen the small business
02:50integration with the trade of modern networks, which is no more than 1,100 only, compared
02:55to 250,000 small stores.
03:01Libya has revealed that it will offer investment opportunities in the coal mining sector
03:07until next December.
03:08It is a plan that the authorities are working on to activate the oil and gas industry in
03:13the country, and thus strengthen the will.
03:15Farhat from Qadara, the head of the National Oil Foundation in Libya, said that the foundation
03:19is committed to a new round of grants for oil and gas exploration before the end of this
03:24year.
03:25The production of oil from the foundation reached 1.4 million barrels per day, including
03:30explosives.
03:31This will be the country's first step since the outbreak of the war 14 years ago, where
03:36the organization of oil-producing countries, OPEC, is looking forward to the resumption
03:41of major global power companies, which were shocked by years of instability and the closure
03:46of production to the local market.
03:50Banks are expected to reduce the price of American oil to less than $60 per barrel by
03:55the middle of the presidency of the newly elected President Donald Trump, according to
04:00a review by the company of lawyers, Heinz Boone.
04:03The price of American crude oil, known as Texas medium crude oil, is expected to drop
04:08to $58.62 per barrel by 2027.
04:13Trump said he will seek to pressure the oil producer to increase production, confirming
04:18his supporters that the prices of fuel stations will decrease even if that means that companies
04:25will dig until they declare bankruptcy, according to her statement.
04:29The prices of crude oil in the United States have dropped by about 2.4% since the beginning
04:34of this year due to fears of a global surplus.
04:37Despite the agreement between the oil producers to slow growth, the high efficiency in production
04:42allows them to produce more with less spending.
04:49This is the end of the economic news.
04:52Goodbye.
04:59Bye.