النشرة الاقتصادية - 21/12/2024

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12/22/2024

مدي 1 تي في : النشرة الاقتصادية - 21/12/2024

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00:00Welcome to this week's episode of Economic News.

00:11Let's start with this week's national news.

00:14The Moroccan Central Bank's decision in its fourth meeting in 2024

00:18to lower the principal interest rate by 25 points to 2.5 points

00:22was made by the Moroccan Central Bank in Balaghan

00:24in its third meeting in 2024.

00:28This decision is considered a huge development in the level of cooperation

00:32with the goal of stabilizing prices and strong suspicions

00:34surrounding the region as long as it is intermediate, especially internationally.

00:41The Financial Law for 2025 was issued

00:44as promised by the Parliament in the official newspaper

00:47on the 19th of December.

00:50The Financial Law specifies the number 6024,

00:53four main priorities,

00:56strengthening the social state,

00:58strengthening investment dynamics,

01:00creating job opportunities,

01:02implementing structural reforms,

01:04and maintaining the overall financial stability.

01:06It is noted that the Parliament

01:08gave a second reading

01:10in December

01:12of the Financial Law for 2025

01:15with 178 votes in favor

01:19and 57 opposed

01:22without any abstention on the 6th of December.

01:30The General Tax Administration announced

01:32that the interest rate starting from the beginning of December

01:36is subject to a limited financial penalty

01:38according to the new principal interest rate

01:40for the Moroccan Central Bank of 2.5 points

01:42from the first month of the interest rate.

01:44The Tax Administration's statements in Balaghan

01:46regarding the Interest Rate Law

01:48state that all violations of the Interest Rate Law

01:51applicable to commercial transactions

01:53are subject to a limited financial penalty

01:55according to the principal interest rate

01:57for the Moroccan Central Bank

01:59applicable at the end of the first month

02:01of the interest rate

02:03and 0.85% of every month

02:05or a part of an additional month of interest.

02:11The Spanish marketing field confirmed

02:13in a recent number

02:15that Morocco has increased its commercial and port power

02:17by a significant amount

02:19in the field of goods transportation

02:21and added the magazine in an article

02:23titled

02:25The emergence of Morocco as a commercial and port power

02:27attracts Spanish shipping agencies

02:29that thanks to the infrastructure of ports

02:31which is constantly developing

02:33many companies in the port sector

02:35have opened offices in Morocco

02:37to benefit from the country's qualifications

02:39and from the popularity of this global strategic hub

02:41in trade and logistics.

02:43The Spanish newspaper pointed to the importance

02:45of the port of Tangier as a leading port in Africa

02:47and one of the most important ports in the world.

02:49According to the Spanish magazine,

02:51more than 200 multinational companies

02:53in the car sector

02:55have settled in the free region of Tangier

02:57as well as in Nassij and Tehran.

02:59More than 1,300 companies

03:01have also decided to settle in the port.

03:07The Federal Reserve Bank

03:09announced at the last meeting

03:11at the end of the year

03:13that the interest rate

03:15will continue to rise

03:17despite the low interest rate

03:19and a slight improvement in inflation

03:21recently.

03:23The interest rate

03:25fell by 25 points

03:27to 4.25%

03:29after a similar fall

03:31in previous quarters.

03:33The Federal Reserve Bank

03:35said that the economic activity

03:37continues to expand

03:39despite the low interest rate

03:41while inflation is still high.

03:45On the other hand,

03:47the Bank of England

03:49decided at the last meeting

03:51at the end of the year

03:53that the interest rate

03:55will remain unchanged at 4.75%.

03:57There was a split regarding the need

03:59to lower the interest rate

04:01as three members of the Monetary Policy Committee

04:03voted in favor of lowering the interest rate

04:05by 0.25% to 4.5%

04:07while experts and economists

04:09expected that only one member

04:11would vote in favor of lowering the interest rate.

04:13The Federal Reserve Bank

04:15said that the central bank

04:17should stick to the gradual approach

04:19in lowering the interest rate.

04:21The latest data showed

04:23that the inflation rate

04:25in the United Kingdom

04:27rose to 2.6%,

04:29which is higher than 2%.

04:31This is the end of this episode.

04:33Goodbye.

النشرة الاقتصادية - 21/12/2024

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