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النشرة الاقتصادية - 06/12/2024
Medi1TV
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12/7/2024
مدي 1 تي في : النشرة الاقتصادية - 06/12/2024
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News
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00:00
Welcome to Economic News.
00:11
In a general session on Thursday, the Council of Consultants mostly agreed on the financial
00:17
law for the financial year 2025.
00:20
The bill was adopted during this session attended by the Minister of Economy and Finance, Nadia
00:24
Ftaha, and the Minister of Finance, Fawzi Al-Qajar, along with a number of other members
00:29
of the government.
00:30
The bill was supported by 46 members of the parliament, while 13 other members of the
00:35
parliament opposed it.
00:36
Four other members of the parliament abstained from voting.
00:39
The Council of Consultants mostly agreed on the second part of the financial law bill.
00:44
The bill will be adopted by the Council of Representatives to study and vote on it in
00:51
the context of a second reading.
00:57
The two executive directors of the International Bank of Morocco agreed on the second project
01:01
to identify and target the beneficiaries of social protection in Morocco worth $70 million
01:07
in order to continue to support the ambitious reform that is underway in this field.
01:12
The bank noted that this new initiative, which is based on the achievements of the first
01:17
project, which witnessed the success of the design and implementation of the national
01:22
bank, will contribute to the support of the foundations of an innovative social protection
01:27
system and facilitate access to social services, especially for the benefit of deprived families.
01:33
During his meeting with the Prime Minister Aziz Akhannouch on Thursday in Rabat, the President
01:41
of the African Bank for Development, Akinomi Adesina, said that Morocco is the first
01:47
country in the world that has benefited from the bank's investments in a $3.6 billion
01:53
portfolio, where the bank will support a number of projects worth $1.5 billion this year.
01:59
He also mentioned to the government that during these investigations, the great transformation
02:05
that Morocco is witnessing was planned under the leadership of His Majesty King Mohammed VI,
02:10
which enabled the kingdom to position itself among the top countries in the world and
02:14
to become the most stable and advanced economy in Africa.
02:18
The Egyptian pound ended local transactions on Thursday at its lowest level ever, when
02:24
banking transactions were closed after government confirmation over the past few days about
02:29
Egypt's commitment to ease the exchange rate.
02:32
According to the Central Bank, the average exchange rate at the end of yesterday's transactions
02:39
was 50.04 EGP, while the purchase price was 49.94 EGP.
02:44
Egyptian Prime Minister Mustafa Madbouly said last Saturday that the exchange rate may
02:51
see a rise or fall of 5% in the next period, according to the dollar demand movement.
02:58
In addition, Egypt will not repeat its previous mistakes to the extent of expressing them
03:03
in a sign of stabilizing the exchange rate for a long time.
03:09
The Economic Cooperation and Development Organization's forecast for Israel's growth
03:15
in 2024 decreased by 0.6% from 1.9% in its previous forecasts, which is less than the
03:23
forecasts of the Israeli government and its central bank.
03:26
The organization's forecast for its half-yearly economic growth was 2.4% in 2025, which is
03:33
3.8% and 4.4% of the Ministry of Finance's forecast, according to the Israeli Economic
03:41
Globes.
03:42
According to the latter, the Economic Cooperation and Development Organization does not feel
03:47
optimistic about the financial deficit.
03:49
The Ministry of Finance estimates that the deficit in the next year will reach 4.4% of the
03:57
GDP, thanks to a significant adjustment in the balance sheet, as well as the analysis
04:02
of inflation, which indicates that the organization, on the other hand, has a much higher deficit
04:07
of 5.7% of the GDP.
04:14
This is all we have for today. Thank you for watching.
04:18
Stay safe and goodbye.
04:26
you
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