MEDI1TV Afrique : JT Economie - 24/12/2024
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00:00Welcome to MEDIEN, right now, the newspaper of the economic news.
00:12We start in Morocco and according to the anticipations of the experts of Tijari Global Research,
00:18developed in a report entitled, a monetary support confirmed to the economic dynamics
00:23of Morocco, the director of Banque Almarreb should record a new drop in 2025, with a
00:29balance rate of 2.25%. This scenario is supported by two observations, a return of real rates
00:36in positive territories in the medium term, reducing pressure on national savings and a
00:42desire to ensure optimal management of the anchoring of the DIRAM reference basket.
00:46In this month of December, recalling it, Banque Almarreb lowered its director rate of 25 points
00:51of base after having reduced it for the first time since the Covid crisis of 25 points of base
00:57in June 2024. The central bank continues as anticipated its accommodating orientation by
01:03bringing its director rate to 2.5% at the end of the year, a level similar to that observed
01:10in December 2022. This decision is explained by the visible advances in terms of inflation
01:16since its historical peak of 10% observed in February 2023. Indeed, inflation
01:22rose to 0.7% in October 2024, its lowest level since June 2024, and should
01:30be around 1% in 2024, after 6.1% in 2023. And still in Morocco, the president of the
01:40board of directors of the Emirati group Anwais Investment announced that their subsidiary of
01:45renewable energy, Amea Power, is considering investing for the first time in
01:50the distribution of seawater and the production of green hydrogen in Morocco, in addition to its
01:55current projects and under development in the field of renewable energies. This
02:00distribution project will require an investment of at least 100 million dollars. As for the production
02:06of green hydrogen in the south of Morocco, it is planned that the project will reach a capacity of
02:111 gigawatt. It should be noted that Amea Power is currently operating four clean energy projects
02:18with a total production capacity exceeding 200 megawatts. The interest of the Emirati company
02:24for Morocco pushed it to open an office in the capital Rabat in order to explore
02:29investment opportunities. The president of the board of directors of Anwais Investment
02:35said that sites have been identified to make additional investments in cities
02:42like Al-Hajjab and Tahroudant. And still in Morocco, as of 2024, 322 aquaculture farm
02:49creation and exploitation conventions have been published in the official bulletin. Among these
02:55projects, 200 farms have been installed in different regions of the kingdom, with an estimated
03:00production in the long term exceeding 124,000 tonnes per year. Also, 5,000 direct jobs and 10,000
03:07indirect jobs have been created. This is what the Secretary of State said in a statement
03:12related to the 24th session of the National Agency for the Development of Aquaculture
03:19Administration. During this session, the NDA approved and prepared the implementation of two
03:24financing programs in partnership with buyers of international funds. These programs
03:29of a total envelope of 300 million dirhams, with the aim of supporting aquaculture projects
03:36and stimulating the development of the sector.
04:06France is the only country in the world to have a GDP of 2.5 points per year. Only Greece and Italy
04:10are doing worse than France. As a reminder, the French public debt represented less than 70% of the GDP
04:16at the beginning of the 2000s, before starting to climb during the 2008 financial crisis,
04:21stabilized around 100% until the end of the 2010s. It then swallowed up because of the
04:27whatever it costs, dictated by the Elysée during the Covid crisis. Since Emmanuel Macron's election,
04:33it has swelled to 1,000 billion euros, and the France Tresor agency plans to borrow 300 billion in 2025.
04:40An unequal amount. This situation will also complicate the elaboration of the 2025 financial law.
04:47The new Bayrou government is forced to close the public deficit around 5% of the GDP
04:53to avoid the Irish of Brussels. According to the Bank of France, France is the only country in Europe
04:58that has not reduced its debt since the Covid-19 episode.
05:03And that's the end of this economic news.
05:08Very good news from the programs on Median.