MEDI1TV Afrique : JT Economie - 23/09/2024
Category
🗞
NewsTranscription
00:00Hello everyone, and welcome to this new edition of your Economic News Journal.
00:14In Morocco, the High Commissioner for Planning announced an increase of 1.7% of the index of consumption prices in August, compared to the same period of the previous year.
00:25This increase results mainly from the increase in the prices of food products of 2% and those of non-food products of 1.4%.
00:35Among the non-food sectors, the prices of housing, gas and electricity experienced a notable increase of 3.7%, while health-related costs decreased by 1.4%.
00:47In comparison with July, the index of consumption prices increased by 0.8%, mainly due to the increase in the prices of food products, including meat.
01:00We continue our journal in Morocco with this figure of 59.4 billion dirhams, which represents tourist revenues at the end of July.
01:11This figure is an increase of 3.5% compared to the previous year. According to the Ministry of Tourism, it represents an increase of 2 billion dirhams and is part of the implementation of the Tourism Roadmap for 2023-2026.
01:27In addition, tourist arrivals for the months of July and August reached 4.4 million, an increase of 21% compared to 2023.
01:37A total of 11.8 million tourists visited Morocco during the first eight months of the year, exceeding 1.6 million, the figure of the same period of the previous year.
01:49In national economic news, the execution of the budgets of territorial communities in Morocco revealed a global excess of 12 billion dirhams at the end of August, against 7.5 billion dirhams a year earlier.
02:04According to the General Treasury of the Kingdom, ordinary revenues reached 34.3 billion dirhams, an increase of 9.1% compared to the same period in 2023, thanks to an increase in the revenues transferred managed by the State and those managed directly by territorial communities.
02:22On the side of ordinary expenses, they rose to 16.8 billion dirhams, an increase of 3.1%, mainly due to the increase in expenses, goods and services, as well as interest charges on debt.
02:37Global excesses accumulated by territorial communities since previous years reached 62.5 billion dirhams, covering scheduled and unpaid commitments, as well as ongoing expenses for 2024.
02:52At the height of international economic news, central banks around the world are facing a difficult exercise of balance, at a time when many are starting to lower their rates now that inflation is slowing down.
03:07According to the General Directorate of the IMF, central banks must ensure that inflation returns to its goal and remains there, while avoiding the risk of excessively restrictive policies.
03:19This statement comes as the US Federal Reserve announced its first half-percent subsidy, and the European Central Bank lowered its rates twice this year.
03:31The Bank of England voted on Thursday to leave them unchanged after a single drop, with British inflation remaining above the target.
03:40China, where the unemployment rate of young people reached 18.8% in August, is currently at its highest level since the beginning of the year.
03:51According to the National Bureau of Statistics, the unemployment rate of young people aged 16 to 24 who do not study increased compared to July, when it was 16.1%.
04:02In total, nearly 12 million students obtained their university degrees in China in June, which increased competition on an already difficult job market and probably explains this high unemployment rate in July.
04:17On the other hand, the unemployment rate of 25 to 29-year-olds went from 6.5% in July to 6.9% last month.
04:27This publication of August unemployment figures comes after little encouraging data on sales in detail and the growth of industrial production, which both slowed in the same month.
04:40This is the end of our edition today. Thank you for following it. Good luck with the programs on Mediain.