JT Economie - 24/05/2024
MEDI1TV Afrique : JT Economie - 24/05/2024
Category
🗞
NewsTranscript
00:00 Hello and welcome. It's time for your daily economic news on Mediain. We start our edition
00:13 this Friday in Morocco. The private debt market has behaved well during the last exercise.
00:20 According to the Moroccan authority of the capital market, the capital rises reached
00:24 nearly 87 billion dirhams in 2023, against 64 billion in 2022. In an increase of 35.3%,
00:34 for what is capital titles, the rises have reached 656 million dirhams. According to
00:41 the reference document, which presents the key statistics of the Moroccan capital market
00:46 for the past year, the rise in debt in the financial sector is 74% and the
00:52 sector of mines is 21%. In this context, the supply of bonds is at 175 billion dirhams
01:01 at the end of 2023, an increase of 2.3% compared to the end of 2022 and the supply of negotiable
01:08 credit titles has risen to 81 billion against 68 billion at the end of 2022.
01:15 At the front of national news, also territorial collectivities have recorded
01:20 a budget surplus of 5.6 billion dirhams at the end of April, in strong bones compared
01:26 to the surplus of 1.6 billion dirhams of the previous year. According to the Treasury
01:32 General of the Kingdom, this surplus includes a positive balance of 413 million dirhams
01:38 from special accounts and budgeted. The ordinary revenues of territorial collectivities
01:44 have reached 13.6 billion dirhams, increasing by 13.5% thanks to the increase in revenues
01:51 transferred from revenues managed by the state and revenues. In parallel, total expenses
01:56 have decreased by 18%, reaching 9.7 billion dirhams, of which 74.6% are ordinary expenses.
02:06 The total budget surplus, including those of previous years, rises to 56.3 billion
02:13 dirhams. These funds are intended to cover the expenses committed in-country and the new
02:18 expenses of 2024.
02:20 In Morocco, Bouygues Construction has announced that it will carry out the construction of
02:25 the International University Hospital Mohamed VI Araba. It will be the Moroccan subsidiary
02:31 of Bouygues Bimarro who will carry out this important project. Delivery is scheduled for
02:37 September 2025 for a amount of nearly 450 million euros, specified the subsidiary of the diversified
02:44 group Bouygues in a statement. This hospital will be composed of four buildings, six floors
02:50 and a tower of 25 floors, specifies the same source.
02:54 We stay in Africa, more precisely South Africa, which has one of the highest unemployment rates
03:00 in the world, reaching nearly a third of the active population. Among young people, the
03:05 phenomenon is even more alarming, at nearly 45.5%. According to economists, in the decades
03:12 previous, growth was too slow to absorb the increase in labor in 2008. For example,
03:19 the unemployment rate was already 20%. Plummeted by a shortage of electricity and
03:24 by corruption, the GDP of the most unequal country in the world, according to the World Bank,
03:29 only increased by 0.6% in 2023. The UN qualified in 2022 this shortage of bombs
03:37 late with more than 25 million South Africans dependent on social assistance.
03:43 We continue our economic newspaper. In the United States, the US administration announced
03:48 the cancellation of $ 7.7 billion in additional loans to students in favor of 160,000 Americans.
03:57 In April, the executive announced a new series of student loans cancellations totaling
04:03 $ 7.4 billion for 277,000 borrowers. This new announcement carries the total number
04:10 of Americans whose loans have been canceled at 4.75 million, indicated the White House.
04:16 In June, the Supreme Court of the United States rejected a student loan cancellation plan
04:21 of President Joe Biden, which rose to nearly $ 400 billion, the highest jurisdiction
04:27 of the country. He then underlined that the Congress had not authorized the executive
04:32 to cancel student loans. Note that the measure announced by the federal administration
04:37 intervenes in full for the presidential elections of November next.
04:43 We come to the end of our edition today. Thank you for following it. Good luck with
04:47 the programs on our antenna.
04:49 [MUSIC]