ALMAGHRIBIA — broadcast
20261012 233000 UTC
251 transcript segments
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[00:00:00] The tourism sector, before
[00:00:00] recorded. In years ago, we did not
[00:00:03] exceed, let's say, 100 billion dirhams. Today, the tourism
[00:00:06] sector annually brings us
[00:00:09] more than 120 billion dirhams. Also, remittances
[00:00:12] from Moroccans abroad, this is very important, because we were talking
[00:00:15] almost years ago, meaning before
[00:00:18] 2020, we were talking about approximately 90
[00:00:22] billion dirhams or less. Today, we are talking annually about
[00:00:25] more than 115 billion dirhams. So today, these
[00:00:29] factors, these three factors, have a very
[00:00:32] important impact, and this is what
[00:00:35] ways of dealing with high made the Moroccan dirham today strong, even with the deficit in
[00:00:39] the trade balance. Perhaps it is true that, like many
[00:00:43] other countries, there
[00:00:46] We continue our news, dear viewers, from is an increase, but at the Moroccan level, the impact is not
[00:00:50] significant, and we do not feel it, because,
[00:00:52] and the product as I said, Moroccan policy in many areas,
[00:00:55] is available in as well as the economic
[00:00:57] the market. The heatwave affected dynamics that we are experiencing, in addition to
[00:01:00] today, we are talking about the tourism sector,
[00:01:03] and we are talking about remittances from Moroccans abroad. All these elements have led
[00:01:07] to the deficit not worsening to the extent that it is
[00:01:11] in many countries. Mr. Sari, in this context,
[00:01:15] how can we maintain the stability of the dirham and balance
[00:01:18] the flexibility of the exchange rate with protecting the national economy
[00:01:22] at the same time?
[00:01:27] Today, we can say that,
[00:01:31] and excuse me, Mrs. Maryam, we must commend
[00:01:35] the work and role of
[00:01:38] in the report. I support this, because one of the
[00:01:42] factors that gives us great
[00:01:45] hope today is that the margin
[00:01:48] of, well, I won't say speculation, but the margin
[00:01:52] of dependence on the dollar and also on the euro
[00:01:55] is within 5% up
[00:01:58] or down. This means that when it exceeds
[00:02:01] this
[00:02:03] and its repercussions, as we said, affect barrier or this
[00:02:05] everyone, especially the small separation, when it exceeds this rate, there will be proactive
[00:02:09] intervention by the Bank of Morocco. This is the first point. The second point is very
[00:02:13] important, because inflation is always
[00:02:15] discussed. Notice that today we
[00:02:19] have a lot of work at the level of Moroccan financial
[00:02:23] institutions, and we are talking about financial
[00:02:26] and monetary inflation. There is always a preservation of this
[00:02:30] level. In addition to this, we notice
[00:02:33] that the economic dynamism that
[00:02:36] we are experiencing is one of the indicators of this stability,
[00:02:40] because let's not forget that growth rates today
[00:02:43] are approximately 5%. All these
[00:02:46] factors, in addition to the flexibility that we are talking
[00:02:50] about in the Moroccan
[00:02:52] dirham, these factors have led to us being able to
[00:02:56] say today that we are indeed
[00:02:59] experiencing stability, despite, as I said, the fluctuations.
[00:03:02] Perhaps many
[00:03:05] countries are experiencing very difficult
[00:03:08] times, but this monetary policy that Morocco
[00:03:11] possesses, and we say it
[00:03:14] by His Royal Highness the Crown Prince reflects with pride, is that the policy of the Bank of Morocco is a very proactive,
[00:03:18] precautionary policy that tries to achieve those
[00:03:21] balances at the level of inflation, and also at this level, and this should
[00:03:25] be pointed out, a study, at any time,
[00:03:28] we can say that there
[00:03:33] will be an increase in the interest rate, or a decrease, or that it will remain at the same level, or fixed.
[00:03:36] So these are all policies adopted by Morocco.
[00:03:40] Yes, the current indicators related to foreign
[00:03:43] currency reserves, exports, and tourism revenues allow
[00:03:47] us to talk about what we call the national economic immunity
[00:03:51] against these economic and financial pressures.
[00:03:54] How can we strengthen the ability of the national economy to
[00:03:57] withstand and adapt to these external
[00:04:00] shocks?
[00:04:06] Yes, these resources and the dynamism
[00:04:09] that we are experiencing economically all provide this immunity.
[00:04:13] But I will refer to the Royal Speech
[00:04:16] given on the occasion of the opening
[00:04:19] of Parliament in its autumn session
[00:04:23] when His Majesty referred to the
[00:04:26] necessity of diversifying the Moroccan economy.
[00:04:29] Today, we are indeed in the industrial sector, when
[00:04:32] we talk about the automotive
[00:04:35] Fair, which kicked off industry and its returns, when we talk about the extractive industries, when
[00:04:38] we talk today about industrial dynamism, and also
[00:04:41] about dynamism in the field of... But His Majesty, if you noticed,
[00:04:45] costs and varying demand for referred to the need for diversification,
[00:04:48] for entering economic sectors through renewable energies, for example,
[00:04:52] through artificial intelligence, through the digital
[00:04:55] field, through the economy related
[00:04:58] to sustainable development. Today,
[00:05:01] what we need, and I think
[00:05:04] until 6 that His Majesty's message through his royal speech
[00:05:07] is clear that we must
[00:05:10] on for their daily meals. In inspire or preserve
[00:05:14] the economic gains that we have previously achieved,
[00:05:18] but there must be development
[00:05:21] and improvement of the Moroccan economy
[00:05:25] through the contribution of everyone, especially when we talk about
[00:05:29] innovation, when we talk about the necessity of creating a number of
[00:05:32] enterprises, we also talk about investment
[00:05:35] and attracting investments,
[00:05:38] as well as the private sector, which must be
[00:05:42] beneficial and have returns for the economy.
[00:05:45] Thank you very much, Professor Rashid Sari, economic analyst and head
[00:05:49] of the African Center for Strategic Studies and Digitalization. You were with
[00:05:53] us live from the city
[00:05:54] of Tangier.
[00:05:58] Rabat, with a visit to the Mausoleum of Mohammed V by
[00:06:02] First Lieutenant General Khaled Khalifa Haftar,
[00:06:05] Chief of Staff of the Libyan Arab Armed
[00:06:09] Forces. During the visit, he prayed for
[00:06:11] the soul of the late King Mohammed V, may God have
[00:06:15] mercy on him, and His Majesty the late
[00:06:18] King Hassan II, may God sanctify
[00:06:20] his soul.
[00:06:25] At the end of this visit, the Libyan official signed
[00:06:29] the Golden Book
[00:06:30] of the Mausoleum.
[00:06:33] Another visit to the Mausoleum of Mohammed V in Rabat
[00:06:37] was made by the Comoros Islands. During the visit, they prayed for the pure
[00:06:40] souls of their Majesties
[00:06:42] the late Kings Mohammed V and Hassan
[00:06:46] II, may God have
[00:06:48] mercy on their souls.
[00:06:53] At the end of this visit, the head of the Comorian delegation signed
[00:06:57] the Golden Book
[00:06:57] of the Mausoleum.
[00:07:01] In a renewal of the historical relations between Morocco and the Comoros
[00:07:04] Islands, and an affirmation of the common desire to establish
[00:07:08] the rule of law, a memorandum of understanding was signed
[00:07:11] today in Rabat between the Court of Cassation
[00:07:14] in the Kingdom and the Supreme Court of the Comoros Union, aiming to establish an institutional
[00:07:17] framework for legal and judicial cooperation between
[00:07:20] the two sides. Jinan Sharat, Nordin Sabir, and Mohammed
[00:07:23] Al-Jabri.
[00:07:26] Moroccan-Comorian judicial cooperation is strengthened by the signing
[00:07:29] of a memorandum of understanding between the Court of Cassation in the Kingdom of Morocco
[00:07:33] and the Supreme Court of the Comoros Union, establishing an institutional
[00:07:36] framework for coordination and exchange of expertise between
[00:07:40] the two institutions. The memorandum lays
[00:07:43] the foundations for a partnership aimed at developing
[00:07:45] judicial practices and unifying judicial
[00:07:48] jurisprudence, enhancing the protection of rights
[00:07:51] and establishing the principles of the rule of law.
[00:07:55] The goal of this agreement is not limited to
[00:07:58] exchanging experiences and expertise, but also
[00:08:01] building sustainable institutional cooperation
[00:08:05] that allows the two courts to face the challenges
[00:08:08] that justice currently
[00:08:11] faces. The ultimate goal of this partnership is to contribute
[00:08:14] to establishing effective and accessible justice for citizens.
[00:08:17] The exchange of expertise between judges, officials,
[00:08:21] employees, and public prosecutors, and the organization
[00:08:24] of specialized meetings and seminars on modernizing the work of
[00:08:27] cassation courts and developing their management methods
[00:08:30] are areas of cooperation between the two institutions, in addition
[00:08:33] to exchanging views on the current legal and judicial
[00:08:37] challenges. This is a new
[00:08:40] addition that the Kingdom
[00:08:43] adds to what it has provided and continues to provide
[00:08:46] to the Comoros Islands.
[00:08:50] The Kingdom of Morocco has provided a lot in
[00:08:53] training cadres in the Comoros Islands, starting
[00:08:57] from the President of the Republic, who is also a Moroccan product.
[00:09:01] And many judges in the courts
[00:09:04] of the Comoros Islands also came from
[00:09:06] Morocco. Today, we signed
[00:09:09] an agreement to enhance technical and judicial cooperation
[00:09:13] between the two courts and strengthen the historical
[00:09:16] and fraternal ties that unite the Moroccan and Comorian peoples, in
[00:09:20] an important step to develop the partnership between the two countries.
[00:09:24] A joint committee has been established, which constitutes a mechanism
[00:09:27] to implement the provisions of the memorandum and evaluate its results
[00:09:31] through preparing annual work programs and addressing technical
[00:09:34] and administrative difficulties to enhance continuous coordination
[00:09:38] and exchange of judicial expertise between Morocco and the Comoros Union.
[00:09:44] In another topic, poultry prices in national markets
[00:09:47] are experiencing continuous fluctuations, which affect
[00:09:50] the supply and demand movement and naturally impact the purchasing
[00:09:54] power of consumers. Between rising
[00:09:58] purchases, opinions of consumers and sellers differ
[00:10:01] regarding the market situation. The causes of market
[00:10:04] fluctuations and their impact on buying and selling activity are covered
[00:10:08] in a report by Firdous
[00:10:09] El-Harsh, Mehdi El-Aissi, and Ayoub Shellouah.
[00:10:14] Poultry meat is an essential component of the diet and a source
[00:10:17] of protein that many families rely
[00:10:23] the markets, there is much talk about rising prices
[00:10:27] and questions about their causes and their connection
[00:10:30] to production costs and the volume of supply and demand. From
[00:10:34] retail stores to popular markets, there are varying
[00:10:37] observations regarding recorded prices.
[00:10:41] Brother, chicken prices have gone up a bit, and it's expensive for the poor,
[00:10:44] honestly. It's difficult for the poor now, chicken is a bit expensive.
[00:10:48] The price changes.
[00:10:51] ماشي
[00:10:53] The price changes. Between family needs and limited
[00:10:57] budgets,
[00:11:00] prices vary, from reducing quantities to seeking
[00:11:03] alternatives or changing where to buy, depending
[00:11:07] on the prices available from sellers. The situation is related
[00:11:10] to daily market movements.
[00:11:13] The market is experiencing a rise in prices,
[00:11:22] the small farmer a lot. Many
[00:11:25] farms are now closed, not working. They can't afford to invest
[00:11:29] money at this time. It's expensive, between 10 and 12 dirhams.
[00:11:33] That's too much for them. Between
[00:11:36] the consumer and the seller, and the farmer, explanations
[00:11:40] intersect regarding the market fluctuations and differ
[00:11:44] in estimating the extent of each factor's impact. Supply and demand,
[00:11:47] as well as production costs and the distribution chain, are interrelated
[00:11:51] elements that start from the farm. The high prices of chicks,
[00:11:56] mixed feeds, labor,
[00:11:59] maintenance, and barns.
[00:12:03] We couldn't increase
[00:12:07] production. Because it seems
[00:12:11] to me that the market
[00:12:13] is unstable. We see it reaching 11 dirhams and 15
[00:12:17] dirhams currently. We wonder where
[00:12:20] we are. Where is the organized sector? It seems
[00:12:23] to us that there is a big problem,
[00:12:30] and medium-sized farmer.
[00:12:34] Poultry is a food option present in Moroccan
[00:12:37] households, and its prices are a topic
[00:12:40] that affects consumers, producers, and sellers alike.
[00:12:43] Amidst fluctuations in supply and demand, and production
[00:12:46] costs, market monitoring
[00:14:55] At the end of this bulletin, we move to the new International Horse
[00:15:00] today. Equestrian shows were performed by Moroccan
[00:15:04] and foreign riders, and included performances that reflect the diversity
[00:15:07] of the cultures of the participating countries in the fair. Let's watch.
[00:18:39] El Hassan today chaired the opening ceremony of the 7th edition of the Horse
[00:18:43] Fair in El Jadida, organized under the high patronage of His Majesty King Mohammed VI,
[00:18:47] may God grant him victory, under the slogan "In service of humanity." The opening
[00:18:52] the high patronage of His Majesty King Mohammed VI,
[00:18:55] may God grant him victory, and his continuous interest in the equestrian
[00:18:59] sector and His Majesty's firm determination to sustainably structure this
[00:19:02] field, from horse breeding to international competitions, and to enhance its popularity
[00:19:05] internationally.
[00:19:10] After two rounds of political consultations led by
[00:19:14] the appointed Head of Government, Al-Mansouri,
[00:19:17] a political majority was agreed upon, consisting of the Authenticity and Modernity
[00:19:20] Party, the Istiqlal Party, the Socialist Union
[00:19:23] of Popular Forces, and the Party of Progress and Socialism.
[00:19:37] Amid global economic transformations, the Moroccan dirham faces
[00:19:40] challenges related to developments in foreign trade and currency
[00:19:44] market fluctuations. The implications of these developments for the Moroccan
[00:19:48] economy and purchasing power are discussed in this
[00:19:51] bulletin.
[00:19:52] The national futsal