MEDI1TV Afrique : JT Economie - 05/04/2025
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00:00Ladies and gentlemen, welcome to this weekly edition of Economic News.
00:13We start in Morocco, where travel revenues reached 15.75 billion dirhams at the end of February.
00:20This is what the exchange office's bulletin on the monthly indicators of foreign exchanges revealed.
00:26This is an increase of 2.8%, or 428 million dirhams, compared to the same period a year earlier.
00:34As for travel expenses, they rose to nearly 5 billion dirhams, an increase of 27%.
00:40Thus, the balance sheet's balance sheet travel exceeded 10.76 billion dirhams, a 5.6% drop from a year earlier.
00:50Let's remember that in February, Morocco welcomed about 1.4 million tourists, compared to 1.15 million a year earlier, an increase of 22%.
01:04Let's stay in the Kingdom of Morocco, which has successfully raised 2 billion euros on the euro-obligation market, benefiting from a strong enthusiasm of investors.
01:14This show, motivated by more attractive European rates, will finance infrastructure projects linked to the 2030 World Cup.
01:23This operation has aroused great interest among international investors, with offers exceeding 6.75 billion euros.
01:32Minister of Finance Nadia Ftah recently stated that Morocco had an increased need for euros compared to dollars.
01:40This trend resulted in a drop in Moroccan euro-obligation yields.
01:45A market operator stressed that this fund-raising was anticipated as early as the end of 2024, while financing was mainly focused on the local market.
01:57Economic news this week was also marked by the latest figures from the High Commission on the Plan.
02:04The Moroccan economy recorded a growth of 3.7% in the fourth quarter of 2024, against 4.2% in the same period in 2023.
02:14This progression was mainly supported by domestic demand, in a context marked by an inflation control and an increase in funding needs.
02:24Non-agricultural activities recorded an increase of 4.4%, while the agricultural sector declined by 4.9%.
02:33The added value of the secondary sector slowed to 4.9%, against 6.9% a year earlier, while the tertiary sector progressed by 4.2%.
02:45Morocco is among the 10 most reforming countries in the trade sector in the Middle East and North Africa, according to the latest report of the Organization for Economic Cooperation and Development.
03:02The OECD indicates that Morocco is among the most reforming economies and has the 10 best trade performance in the region between 2022 and 2024, highlighting three areas in which the Kingdom of Morocco has made notable progress.
03:17It is about the cooperation of border agencies, the simplification of procedures. Morocco has also been cited in the improvement of trade transparency through the centralization of trade information on dedicated platforms.
03:32Internationally, the unemployment rate fell to 6.1% of the active population in February in the Eurozone, after 6.2% in January, according to Eurostat.
03:47Over a year, the unemployment rate fell by 0.4 points in the 20 member countries of the Eurozone. Some 12.68 million people were unemployed in February in the 27 member states of the European Union, of which 10.58 million in the Eurozone.
04:06According to the European Union, the lowest rates were recorded in Poland, the Czech Republic and Malta. The highest were recorded in Spain, Sweden, Finland and Greece.
04:16Before concluding this weekly edition, know that the European Commission has announced that it has inflicted a total of € 458 million in fines on 15 European manufacturers for participating in an agreement on the recycling of unused vehicles between 2022 and 2017.
04:38Volkswagen Groups with € 127.7 million, Renault-Nissan with € 81.5 million and Stellantis with € 74.9 million were the most heavily fined, while Mercedes-Benz escaped a fine for revealing the existence of the cartel.
04:57We are coming to the end of our weekly edition. Thank you for your loyalty. See you soon on our antenna.