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Medi1TV Afrique
  • 07/11/2024
MEDI1TV Afrique : JT Economie - 06/11/2024

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News
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00:00Hello and welcome to this new edition of the Economic News Journal, because on one of
00:12our editions this Wednesday, foreign direct investments in Morocco generated net revenues
00:19of 16.3 billion dirhams at the end of September, a progression of 50.7% compared to the previous
00:27year. According to the head of the government, Aziz Khanousha, this attractiveness is supported
00:33by the new investment chart and important projects such as an electric battery ecosystem
00:39requiring 3 billion dirhams and creating 2,500 jobs. In addition, an agreement memorandum
00:46was signed for a battery factory for electric vehicles and energy storage,
00:51with an investment of 65 billion dirhams, creating 25,000 jobs. We continue our
00:58journal with other positive results for the Moroccan economy concerning the travel revenues
01:06which rose to 87.1 billion dirhams at the end of September, a progression of 8.4% compared to
01:152023. The number of tourists has also reached records with 13.1 million visitors over the
01:22first nine months of the year, an increase of 29% compared to 2019. Concerning the transfers
01:29of Moroccans from abroad, they have also contributed to the economy, reaching 91.5
01:36billion dirhams, 5.2% more. Regarding the sector of externalization of services,
01:44it generated 18 billion dirhams the previous year, thus placing Morocco in the second African
01:50rank in this area. Regarding the balance of services, it recorded an excess of 133
01:57billion dirhams, while the coverage rate of goods and services has reached 82.9%,
02:04the highest level since 2003. We are still in Morocco, the deliveries of ciment
02:10reach more than 11.12 million tons at the end of October 2024, an increase of 8.24% compared to
02:21the same period a year earlier. According to the Professional Cement Association, for the
02:26only month of October, these sales have recorded 1.3 million tons against 1.08 million for the
02:34same period of the previous year, an increase of 19.74%. By segment, the deliveries
02:42intended for distribution are located at 6.45 million tons, followed by those
02:49addressed to concrete, with employment at 2.44 million tons. We continue our
02:57international newspaper. The candidates for the American elections have broken the record of
03:02raising funds by a total of 15.9 billion dollars according to the Open Secrets organization, which
03:09has compiled the data. This total concerns both the presidential candidates, Democrat Kamala Harris
03:17and Republican Donald Trump, who are in the race for a place in Congress. It exceeds the previous
03:23established record in 2020, which was 15.1 billion dollars spent. It is also more than
03:30twice the electoral cycle of 2016, when 6.5 billion dollars had been spent.
03:38Concerning the race to the White House, Vice President Kamala Harris is the one who has raised
03:43the most funds, with more than a billion dollars raised. The company of his Republican rival,
03:49Donald Trump, has raised 382 million dollars. We stay in the United States, where the commercial deficit
04:00of September, increasing much more than expected under the cumulative effect of a drop in exports
04:06and a rise in imports. According to the Department of Commerce, the deficit of goods and services,
04:13with the rest of the world, reached 84.4 billion dollars in September, an increase of 19.2%
04:22compared to August. A much more marked progression than those anticipated by analysts,
04:27which foresaw a deficit of 74 billion dollars. On an annual basis, the American commercial deficit
04:35is also progressing at 11.8% in September, 69.6 billion dollars more, said the Department of
04:45Commerce, due to this time an increase more marked by imports than exports,
04:51signing that the consumption of American households remains always supported.