MEDI1TV Afrique : JT Economie - 19/11/2024
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00:00Hello everyone, and welcome to the newspaper of Economic News.
00:12In Morocco, the fall of cereal production due to the situation of hydric stress has pushed
00:18the kingdom to increase its imports to meet these needs.
00:22The FAO estimates that wheat imports this year will reach 7.5 million tons.
00:29At the end of October of this year, cereal imports report significant increases.
00:35According to the latest data from the National Federation of Cereal and Vegetable Negotiations,
00:40between June 1 and October 31, imports have progressed to two figures for almost all
00:47products.
00:48Wheat imports, for example, have soared by 69% to reach more than 363,000 tons,
00:56representing the strongest increase among cereals.
01:00Tender wheat, which with a 15% increase, rose to nearly 1.94 million tons, while
01:10rye wheat climbed by 50%.
01:13Corn imports also continued to increase, recording a 30% increase, with the exception
01:20of barley, whose imports fell by 28%.
01:24Still in line with the agricultural environment, the agricultural sector contributes to the creation
01:29of 5.3 million days of work per year and generates a turnover of 2.4 billion dirhams per year.
01:38These figures were revealed during the fourth edition of the regional olive fair,
01:42which is held in Gursif.
01:44For the agricultural season 2024-2025, production should reach 260,000 tons at the region level,
01:52which has 357 units of shredding with a global capacity of 45,000 tons per year and 30 units
02:00of conservation with a total capacity of 53,500 tons per year.
02:05In the eastern region, this year was marked by an increase of 25% of production,
02:12while many other regions experienced a decrease or stagnation due to the rarity of rainfall
02:19and water.
02:20It should be noted that the province of Gursif, which represents 25% of the occupied area
02:25of oil and agriculture in the East and that of Driwich, are the main olive production
02:31basins in this region, which has 350 units, 13% of which are modern.
02:38In national economic news, the Department of State and Management announced the signing
02:43of a memorandum of understanding with Goshen Hightech, planning a participation of its
02:49subsidiary CDG Invest via its fund dedicated to the industry in the capital of Goshen,
02:55Power Morocco.
02:56The group will inject 3.16 billion dirhams in the battery production plant project
03:02for electric vehicles in Kenitra.
03:05This future plant, in the first phase, will require an investment of 13 billion dirhams
03:10to produce up to 20 GWh of batteries for electric vehicles and more than 200,000 tons
03:17of cathode material per year.
03:19Its capacity will then go to 100 GWh of battery per year for a total investment of 65 billion
03:26dirhams.
03:27In international economic news, Zonoro has made a commercial surplus of 140.8 billion
03:34euros during the period from January to September last, on a high note compared to the 13.9
03:40billion euros recorded during the same period of the previous year, according to the European
03:44Office of Statistics, Eurostat.
03:46Exports of goods from Zonoro to the rest of the world reached 2,136.7 billion euros,
03:53an increase of 0.4% compared to the first 9 months of the previous year, while imports
04:00fell to 1,995.8 billion euros, a drop of 5.6% over the same period.
04:08For the only month of September, the surplus of goods exchanges with the rest of the world
04:13reached 12.5 billion euros against 9.8 billion in September of the previous year.
04:19Exports of goods from Zonoro to the rest of the world reached 237.8 billion euros in September,
04:26an increase of 0.6% compared to the same month of 2023, while imports fell to 225.3 billion
04:36euros, a drop of 0.6% over a year.
04:39In Europe, the level of public debt in Spain has fallen to the third quarter of this year
04:45to 104.4% of GDP, in favor of the strong economic growth of recent months, according to the
04:52Central Bank.
04:53The debt of all Spanish public administrations, measured according to the criteria of Maastricht,
04:59reached a total of 1,637 billion euros in September.
05:03In absolute value, this figure is higher than that of the end of the second quarter, as well
05:08as that of the same period of the previous year, but reported to the GDP, it is shown
05:13in a drop of 0.9 points compared to 105.3% of the second quarter and 3 points compared
05:20to 107.4% a year ago.
05:24According to the National Institute of Statistics, this drop, obtained despite an increase in
05:29expenses from the central state, social security administrations and local communities,
05:35is explained by the strong economic growth of Spain in recent months.