مدي 1 تي في : النشرة الاقتصادية - 08/02/2025
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00:00Welcome to the weekly economy segment, we will start with the Moroccan issue, where the
00:15Ministry of Tourism, Traditional Industry and the Social and Co-operative Economy noted
00:20that the number of tourists to Morocco recorded during the month of January is a new record
00:25with 1,200,000 tourists, an increase of 27% compared to the month of January of 2024,
00:33which represents an additional 227,000 tourists, and the ministry noted that this performance
00:40embodies the growing power of Morocco as a tourist destination and confirms the strategy
00:45initiatives that have been launched in recent years, which strengthens the position of the
00:50Kingdom as one of the preferred tourist destinations at the international level.
00:54In this regard, the Minister of Tourism, Traditional Industry and the Social and Co-operative Economy
00:59Fatima Zahra Amour-Bahra said this week that the excess of a million tourists in January
01:04confirms that Morocco has become a major tourist destination throughout the year.
01:13The minister, who was asked to pay the budget, Fawzi Al-Qija'a, said in a speech about
01:18the financial law for the year 2024, which he presented to the Council of Advisers,
01:22that the tax revenues recorded a performance rate of 110.8% compared to the expectations
01:29of the financial law, while the non-tax revenues achieved a performance rate of 104%.
01:37Al-Qija'a revealed in the presentation he presented to the Finance Committee and the Economic Development
01:43Committee that the tax revenues recorded 37 or a rise of 37.5 billion dirhams compared
01:53to the results of the same period since 2023.
01:56This increase also greatly increased the tax on income, which exceeds 9.5 billion dirhams
02:05and the tax on companies exceeds 8.4 billion dirhams.
02:13The head of the government, Aziz Akhnoosh, said on Tuesday that the National Investment
02:20Committee received a letter from Al-Mosadaq about 275 agreements for investment projects
02:27with a total value of 393 billion dirhams, including 9 strategic projects with a total value
02:35estimated at 65 billion dirhams.
02:37Akhnoosh made it clear in a presentation he presented during the monthly Q&A session
02:41at the Council of Advisers on public policy related to economic, financial indicators
02:46and the strengthening of the international status of Morocco, that these projects will
02:50contribute in total to the creation of what is equivalent to 195,000 direct and non-direct
02:55jobs, noting that the National Investment Committee continues its unprecedented dynamics,
03:00where it compiled 14 versions, in its previous and new versions, it presented a very positive
03:05result in terms of creating jobs and the type of projects it is committed to.
03:13The National Office for Drinking Water and Electricity recently announced that the
03:16completion of the funding of the single natural gas station, which is a strategic project,
03:20requires a total investment of 4.2 billion dirhams.
03:24This funding has been completed by a document signed yesterday by the General Manager of
03:29the Office, Tarek Hamman, on their behalf, and representatives of the Felix Energy and
03:34Nord Energy Funding Loans and the Banking Association, consisting of Tijari Wafa Bank
03:38and Bank Africa, on the other hand.
03:40This project, which is based on natural gas as a transitional fuel, aims to increase
03:45its share in the electric mix to more than 52% before 2030, thereby providing the necessary
03:50flexibility of the national electricity system.
04:00The Bank of England reported the first drop in interest rates this year on Thursday,
04:04which indicates further drops, as growth expectations in the United Kingdom dropped
04:09in 2025.
04:11The Central Bank also dropped the principal interest rate by 25 points to 4.5%, with
04:18a majority of seven members of the Monetary Policy Committee, consisting of nine members
04:23in favor of this, while two members of the Monetary Policy Committee voted in favor of
04:28a margin of more than half a percentage point.
04:31Bank of England Governor Andrew Bailey told journalists that the Central Bank expected
04:35more drops in interest rates this month.
04:42Economic activity in the euro area returned to growth in January, as the indicator for
04:47the purchasing manager rose to 50.2 points, exceeding the benchmark for stability in the
04:54services sector, despite the slowdown in manufacturing.
04:56Germany's growth in activity reached its highest level in six months, as the service
05:02indicator rose to more than 50 points, while France declined to less than 50 points in
05:08May due to a lack of political certainty and a drop in demand.
05:12Entry costs rose to the highest level in two years, amid a positive European Central
05:17Bank drop in interest rates and expectations of more drops, despite the positive start
05:22of the fiscal year.
05:23In addition, a decline in basic demand and a decline in companies' optimism, especially
05:27in France, which is facing political challenges and a sharp decline in employment.
05:31This is the end of this episode.
05:35See you next time.