MEDI1TV Afrique : JT Economie - 14/03/2025
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00:00Hello and welcome. It is time for your newspaper of the economic news.
00:11Let's start our edition of this Friday in Morocco.
00:14The net customs receipts rose to 14.735 billion dirhams at the end of February,
00:22a 1.3% increase compared to the same period a year earlier.
00:28According to the Royal Treasury, gross customs receipts amounted to 14.742 billion dirhams
00:37versus 14.568 billion dirhams a year earlier, a 1.2% increase compared to their level at the end of February 2024.
00:47These are net customs receipts made at the end of February.
00:51They amounted to 2.632 billion dirhams versus 2.797 billion dirhams a year earlier, a 5.9% increase.
01:03As for net customs receipts, they amounted to 9.243 billion dirhams at the end of February
01:12versus 8.822 billion dirhams at the end of February, a 4.8% increase.
01:19While the TVA on energy products recorded a 11.4% decrease
01:26and that on other products an increase of 8.5%.
01:32Still in line with Morocco, the port of Huelva inaugurated a new maritime link to Morocco,
01:39a significant step to strengthen trade between Spain and Morocco.
01:44This line connects the two port platforms with six weekly rotations,
01:49allowing the transit of goods in only six hours,
01:53reducing transit delays and diversifying the options of transportation.
01:57This initiative aims to attract many carriers and companies,
02:02thus consolidating trade between Europe and Africa.
02:06Internationally, the growth of the French economy should expect 0.7% in 2025,
02:14a lower rate than previously expected
02:17due to a weaker activity than expected in the first quarter, according to the Bank of France.
02:22In its latest macroeconomic projections,
02:25the Central Bank lowered its gross domestic product growth forecast by 0.2 points this year
02:32compared to its December 2024 forecasts and 0.1 percentage points for 2026 at 1.2%.
02:40For 2027, the French Central Bank aims at a GDP growth of 1.3%.
02:47According to the same source, the revision of growth this year is explained by a less significant GDP growth
02:53than expected in the first quarter, from 0.1% to 0.2%,
02:59and a global demand revised to a decrease as well as energy costs revised to an increase.
03:05In the rest, in Europe, the average price of agricultural products perceived by farmers in the European Union
03:12increased by 2.2% in the fourth quarter of 2024 compared to the same period of the year 2023.
03:19This is the first increase since the second quarter of 2023 according to the European Office of Orostat Statistics.
03:27This price has increased in most countries of the European Union in the last quarter,
03:31with the exception of Portugal, Spain, Greece and Finland.
03:36In addition, the most marked increases have been observed in Ireland, Hungary and Romania.
03:41According to the European Office of Statistics, milk prices have particularly increased to 15.3% on average.
03:49Cereal prices have slightly evolved to 0.3% on average in the European Union,
03:54while this evolution reflects contrasts between countries.
04:01In international economic news as well, the gross domestic product of the G20 area increased from 0.9% in the fourth quarter of 2024,
04:12a spike similar to that of the previous quarter.
04:15According to the provisional estimates of the Organization for Economic Cooperation and Development,
04:20the quarterly growth rates of the G20 area have remained relatively stable over the past two years,
04:27rising from 0.6% to 1%.
04:31In detail, growth has significantly rebounded in Turkey, South Africa in the fourth quarter.
04:37The same trend is on the rise, but to a lesser extent has been recorded in China, India, Australia, Japan, Canada, as well as in Italy and the United Kingdom.
04:46The first annual estimates derived from quarterly data indicate that the GDP growth of the G20 area has slightly slowed to 3.2%
04:57compared to 3.4% in 2023.