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00:00:00The tourism sector, before
00:00:00recorded. In years ago, we did not
00:00:03exceed, let's say, 100 billion dirhams. Today, the tourism
00:00:06sector annually brings us
00:00:09more than 120 billion dirhams. Also, remittances
00:00:12from Moroccans abroad, this is very important, because we were talking
00:00:15almost years ago, meaning before
00:00:182020, we were talking about approximately 90
00:00:22billion dirhams or less. Today, we are talking annually about
00:00:25more than 115 billion dirhams. So today, these
00:00:29factors, these three factors, have a very
00:00:32important impact, and this is what
00:00:35ways of dealing with high made the Moroccan dirham today strong, even with the deficit in
00:00:39the trade balance. Perhaps it is true that, like many
00:00:43other countries, there
00:00:46We continue our news, dear viewers, from is an increase, but at the Moroccan level, the impact is not
00:00:50significant, and we do not feel it, because,
00:00:52and the product as I said, Moroccan policy in many areas,
00:00:55is available in as well as the economic
00:00:57the market. The heatwave affected dynamics that we are experiencing, in addition to
00:01:00today, we are talking about the tourism sector,
00:01:03and we are talking about remittances from Moroccans abroad. All these elements have led
00:01:07to the deficit not worsening to the extent that it is
00:01:11in many countries. Mr. Sari, in this context,
00:01:15how can we maintain the stability of the dirham and balance
00:01:18the flexibility of the exchange rate with protecting the national economy
00:01:22at the same time?
00:01:27Today, we can say that,
00:01:31and excuse me, Mrs. Maryam, we must commend
00:01:35the work and role of
00:01:38in the report. I support this, because one of the
00:01:42factors that gives us great
00:01:45hope today is that the margin
00:01:48of, well, I won't say speculation, but the margin
00:01:52of dependence on the dollar and also on the euro
00:01:55is within 5% up
00:01:58or down. This means that when it exceeds
00:02:01this
00:02:03and its repercussions, as we said, affect barrier or this
00:02:05everyone, especially the small separation, when it exceeds this rate, there will be proactive
00:02:09intervention by the Bank of Morocco. This is the first point. The second point is very
00:02:13important, because inflation is always
00:02:15discussed. Notice that today we
00:02:19have a lot of work at the level of Moroccan financial
00:02:23institutions, and we are talking about financial
00:02:26and monetary inflation. There is always a preservation of this
00:02:30level. In addition to this, we notice
00:02:33that the economic dynamism that
00:02:36we are experiencing is one of the indicators of this stability,
00:02:40because let's not forget that growth rates today
00:02:43are approximately 5%. All these
00:02:46factors, in addition to the flexibility that we are talking
00:02:50about in the Moroccan
00:02:52dirham, these factors have led to us being able to
00:02:56say today that we are indeed
00:02:59experiencing stability, despite, as I said, the fluctuations.
00:03:02Perhaps many
00:03:05countries are experiencing very difficult
00:03:08times, but this monetary policy that Morocco
00:03:11possesses, and we say it
00:03:14by His Royal Highness the Crown Prince reflects with pride, is that the policy of the Bank of Morocco is a very proactive,
00:03:18precautionary policy that tries to achieve those
00:03:21balances at the level of inflation, and also at this level, and this should
00:03:25be pointed out, a study, at any time,
00:03:28we can say that there
00:03:33will be an increase in the interest rate, or a decrease, or that it will remain at the same level, or fixed.
00:03:36So these are all policies adopted by Morocco.
00:03:40Yes, the current indicators related to foreign
00:03:43currency reserves, exports, and tourism revenues allow
00:03:47us to talk about what we call the national economic immunity
00:03:51against these economic and financial pressures.
00:03:54How can we strengthen the ability of the national economy to
00:03:57withstand and adapt to these external
00:04:00shocks?
00:04:06Yes, these resources and the dynamism
00:04:09that we are experiencing economically all provide this immunity.
00:04:13But I will refer to the Royal Speech
00:04:16given on the occasion of the opening
00:04:19of Parliament in its autumn session
00:04:23when His Majesty referred to the
00:04:26necessity of diversifying the Moroccan economy.
00:04:29Today, we are indeed in the industrial sector, when
00:04:32we talk about the automotive
00:04:35Fair, which kicked off industry and its returns, when we talk about the extractive industries, when
00:04:38we talk today about industrial dynamism, and also
00:04:41about dynamism in the field of... But His Majesty, if you noticed,
00:04:45costs and varying demand for referred to the need for diversification,
00:04:48for entering economic sectors through renewable energies, for example,
00:04:52through artificial intelligence, through the digital
00:04:55field, through the economy related
00:04:58to sustainable development. Today,
00:05:01what we need, and I think
00:05:04until 6 that His Majesty's message through his royal speech
00:05:07is clear that we must
00:05:10on for their daily meals. In inspire or preserve
00:05:14the economic gains that we have previously achieved,
00:05:18but there must be development
00:05:21and improvement of the Moroccan economy
00:05:25through the contribution of everyone, especially when we talk about
00:05:29innovation, when we talk about the necessity of creating a number of
00:05:32enterprises, we also talk about investment
00:05:35and attracting investments,
00:05:38as well as the private sector, which must be
00:05:42beneficial and have returns for the economy.
00:05:45Thank you very much, Professor Rashid Sari, economic analyst and head
00:05:49of the African Center for Strategic Studies and Digitalization. You were with
00:05:53us live from the city
00:05:54of Tangier.
00:05:58Rabat, with a visit to the Mausoleum of Mohammed V by
00:06:02First Lieutenant General Khaled Khalifa Haftar,
00:06:05Chief of Staff of the Libyan Arab Armed
00:06:09Forces. During the visit, he prayed for
00:06:11the soul of the late King Mohammed V, may God have
00:06:15mercy on him, and His Majesty the late
00:06:18King Hassan II, may God sanctify
00:06:20his soul.
00:06:25At the end of this visit, the Libyan official signed
00:06:29the Golden Book
00:06:30of the Mausoleum.
00:06:33Another visit to the Mausoleum of Mohammed V in Rabat
00:06:37was made by the Comoros Islands. During the visit, they prayed for the pure
00:06:40souls of their Majesties
00:06:42the late Kings Mohammed V and Hassan
00:06:46II, may God have
00:06:48mercy on their souls.
00:06:53At the end of this visit, the head of the Comorian delegation signed
00:06:57the Golden Book
00:06:57of the Mausoleum.
00:07:01In a renewal of the historical relations between Morocco and the Comoros
00:07:04Islands, and an affirmation of the common desire to establish
00:07:08the rule of law, a memorandum of understanding was signed
00:07:11today in Rabat between the Court of Cassation
00:07:14in the Kingdom and the Supreme Court of the Comoros Union, aiming to establish an institutional
00:07:17framework for legal and judicial cooperation between
00:07:20the two sides. Jinan Sharat, Nordin Sabir, and Mohammed
00:07:23Al-Jabri.
00:07:26Moroccan-Comorian judicial cooperation is strengthened by the signing
00:07:29of a memorandum of understanding between the Court of Cassation in the Kingdom of Morocco
00:07:33and the Supreme Court of the Comoros Union, establishing an institutional
00:07:36framework for coordination and exchange of expertise between
00:07:40the two institutions. The memorandum lays
00:07:43the foundations for a partnership aimed at developing
00:07:45judicial practices and unifying judicial
00:07:48jurisprudence, enhancing the protection of rights
00:07:51and establishing the principles of the rule of law.
00:07:55The goal of this agreement is not limited to
00:07:58exchanging experiences and expertise, but also
00:08:01building sustainable institutional cooperation
00:08:05that allows the two courts to face the challenges
00:08:08that justice currently
00:08:11faces. The ultimate goal of this partnership is to contribute
00:08:14to establishing effective and accessible justice for citizens.
00:08:17The exchange of expertise between judges, officials,
00:08:21employees, and public prosecutors, and the organization
00:08:24of specialized meetings and seminars on modernizing the work of
00:08:27cassation courts and developing their management methods
00:08:30are areas of cooperation between the two institutions, in addition
00:08:33to exchanging views on the current legal and judicial
00:08:37challenges. This is a new
00:08:40addition that the Kingdom
00:08:43adds to what it has provided and continues to provide
00:08:46to the Comoros Islands.
00:08:50The Kingdom of Morocco has provided a lot in
00:08:53training cadres in the Comoros Islands, starting
00:08:57from the President of the Republic, who is also a Moroccan product.
00:09:01And many judges in the courts
00:09:04of the Comoros Islands also came from
00:09:06Morocco. Today, we signed
00:09:09an agreement to enhance technical and judicial cooperation
00:09:13between the two courts and strengthen the historical
00:09:16and fraternal ties that unite the Moroccan and Comorian peoples, in
00:09:20an important step to develop the partnership between the two countries.
00:09:24A joint committee has been established, which constitutes a mechanism
00:09:27to implement the provisions of the memorandum and evaluate its results
00:09:31through preparing annual work programs and addressing technical
00:09:34and administrative difficulties to enhance continuous coordination
00:09:38and exchange of judicial expertise between Morocco and the Comoros Union.
00:09:44In another topic, poultry prices in national markets
00:09:47are experiencing continuous fluctuations, which affect
00:09:50the supply and demand movement and naturally impact the purchasing
00:09:54power of consumers. Between rising
00:09:58purchases, opinions of consumers and sellers differ
00:10:01regarding the market situation. The causes of market
00:10:04fluctuations and their impact on buying and selling activity are covered
00:10:08in a report by Firdous
00:10:09El-Harsh, Mehdi El-Aissi, and Ayoub Shellouah.
00:10:14Poultry meat is an essential component of the diet and a source
00:10:17of protein that many families rely
00:10:23the markets, there is much talk about rising prices
00:10:27and questions about their causes and their connection
00:10:30to production costs and the volume of supply and demand. From
00:10:34retail stores to popular markets, there are varying
00:10:37observations regarding recorded prices.
00:10:41Brother, chicken prices have gone up a bit, and it's expensive for the poor,
00:10:44honestly. It's difficult for the poor now, chicken is a bit expensive.
00:10:48The price changes.
00:10:51ماشي
00:10:53The price changes. Between family needs and limited
00:10:57budgets,
00:11:00prices vary, from reducing quantities to seeking
00:11:03alternatives or changing where to buy, depending
00:11:07on the prices available from sellers. The situation is related
00:11:10to daily market movements.
00:11:13The market is experiencing a rise in prices,
00:11:22the small farmer a lot. Many
00:11:25farms are now closed, not working. They can't afford to invest
00:11:29money at this time. It's expensive, between 10 and 12 dirhams.
00:11:33That's too much for them. Between
00:11:36the consumer and the seller, and the farmer, explanations
00:11:40intersect regarding the market fluctuations and differ
00:11:44in estimating the extent of each factor's impact. Supply and demand,
00:11:47as well as production costs and the distribution chain, are interrelated
00:11:51elements that start from the farm. The high prices of chicks,
00:11:56mixed feeds, labor,
00:11:59maintenance, and barns.
00:12:03We couldn't increase
00:12:07production. Because it seems
00:12:11to me that the market
00:12:13is unstable. We see it reaching 11 dirhams and 15
00:12:17dirhams currently. We wonder where
00:12:20we are. Where is the organized sector? It seems
00:12:23to us that there is a big problem,
00:12:30and medium-sized farmer.
00:12:34Poultry is a food option present in Moroccan
00:12:37households, and its prices are a topic
00:12:40that affects consumers, producers, and sellers alike.
00:12:43Amidst fluctuations in supply and demand, and production
00:12:46costs, market monitoring
00:14:55At the end of this bulletin, we move to the new International Horse
00:15:00today. Equestrian shows were performed by Moroccan
00:15:04and foreign riders, and included performances that reflect the diversity
00:15:07of the cultures of the participating countries in the fair. Let's watch.
00:18:39El Hassan today chaired the opening ceremony of the 7th edition of the Horse
00:18:43Fair in El Jadida, organized under the high patronage of His Majesty King Mohammed VI,
00:18:47may God grant him victory, under the slogan "In service of humanity." The opening
00:18:52the high patronage of His Majesty King Mohammed VI,
00:18:55may God grant him victory, and his continuous interest in the equestrian
00:18:59sector and His Majesty's firm determination to sustainably structure this
00:19:02field, from horse breeding to international competitions, and to enhance its popularity
00:19:05internationally.
00:19:10After two rounds of political consultations led by
00:19:14the appointed Head of Government, Al-Mansouri,
00:19:17a political majority was agreed upon, consisting of the Authenticity and Modernity
00:19:20Party, the Istiqlal Party, the Socialist Union
00:19:23of Popular Forces, and the Party of Progress and Socialism.
00:19:37Amid global economic transformations, the Moroccan dirham faces
00:19:40challenges related to developments in foreign trade and currency
00:19:44market fluctuations. The implications of these developments for the Moroccan
00:19:48economy and purchasing power are discussed in this
00:19:51bulletin.
00:19:52The national futsal