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MEDI1TV Afrique : JT Economie - 20/06/2024

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News
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00:00Hello and welcome, it's time for your newspaper of the economic news.
00:10At one of our editions of this Thursday, the airports of Morocco welcomed at the end of
00:14May a volume of commercial traffic of 12.3 million passengers, an increase of 19% in
00:22annual traffic.
00:23According to the National Office of Airports, international traffic has experienced a good
00:27dynamic with a progression of 19% to 11.1 million passengers welcomed and the interior
00:35increased from 18% to 1.2 million passengers.
00:39During the first five months of the year, international traffic has benefited from the
00:44creation of several new international airlines serving national airports.
00:50Regarding the airport movements, they reached 90,738, a progression of about 14% compared
00:59to late May 2023.
01:00We stay in Morocco with the first effects of recent business reforms regarding the support
01:06of the prices of basic products.
01:08After more than a month since the gradual reduction of the subvention of butane gas,
01:14the expenses of the compensation box have recorded a significant decrease of 1.3 billion dirhams
01:22at the end of May.
01:23According to the Ministry of Economy and Finance, support costs for butane gas have stabilized
01:28at 7.5 billion dirhams.
01:31On the other hand, support expenses for the national flour of Blé Tendre have reached
01:35900 million dirhams, while support for professionals in the transport sector has increased to 1.6
01:42billion dirhams.
01:43More than a month ago, the Ministry of Health announced the beginning of a partial reform
01:48of the support system for the price of butane gas, this reform aimed at financing the project
01:53of social protection and direct support, planning a partial reduction of support for
01:58butane gas bottles for 2024, i.e. 2.5 dirhams for a 3 kg bottle and 10 dirhams for a 12 kg bottle.
02:08In international economic news, Senegal will know in 2025 an estimated growth of 10.1%
02:17and a decrease in inflation of 2%.
02:20These are the forecasts of the IMF.
02:24Growth projections for 2024 are maintained at 7.1%, a drop from the 8.3% that was initially
02:33planned.
02:34Regarding the budgetary policy, the deficit of this year, which was initially estimated
02:39at 3.9%, will be 4.6% of GDP.
02:43It should be noted that Senegal could receive around mid-July nearly 230 billion francs
02:49CFA, as part of the 2023-2026 program of a total amount of 1,150 billion francs CFA.
02:57For the first final review of this program, the country had access to 169 billion francs
03:04CFA of the IMF.
03:05We continue our newspaper in Europe.
03:08The European Commission has proposed an annual budget of 199.7 billion euros for the European
03:15Union as part of the 2025 exercise, with the aim of reinforcing financing aimed at
03:22priorities of Europe.
03:24According to Brussels, this goal will be achieved by favoring ecological and digital transitions,
03:30by creating jobs and by strengthening the strategic autonomy of Europe and its role
03:35worldwide.
03:36This budget will be completed by an envelope estimated at 72 billion euros for decreases
03:42as part of the European recovery plan Next Generation.
03:46The annual budget for 2025 should be formally adopted by the budgetary authority of the
03:51European Union before the end of the year.
03:54Direction now the Middle East, where digital currencies are gaining ground.
03:58According to the IMF, the options issued by central banks can potentially improve
04:05the efficiency of cross-border payment services, which is crucial for countries exporting
04:11oil from the region.
04:12These tools, which are different from cryptocurrencies, require an in-depth examination, and each
04:18country must assess its own circumstances.
04:21According to the IMF, the use of national digital currency for cross-border transfers
04:27could reduce the costs of transfer of funds and accelerate transfer delays.
04:32Note that a digital currency issued by the central bank could also compete with
04:36bank deposits, which is likely to have an impact on the benefits and loans granted
04:42by banks and consequences on financial stability.
04:51Thanks for watching!

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