Bank Indebtedness: Public Enterprises Are Worried: "After a decline of 2.8% in 2015, the debt of non-financial enterprises is attributed to the increase in 2016. It thereby increased by 3.4% to 716 billion Dirhams, i.e. about 70% of GDP. This growth is allocated up to 71% to public enterprises. "They recorded a surplus of debt of 17 billion Dirhams by the end of 2016," underlines Bank Al-Maghrib in its latest report on financial stability."
Foreign Trade: Exports Accelerate the Pace: "Good news for the trade balance, its deficit widened less rapidly, thanks to a gradual increase in exports, but also a slowdown in imports. This deficit amounted to 93.74 billion at the end of June, in an increase of 8.2% over one year, against 13.1% at the end of May."
Read more at: LE MATIN DU SAHARA
Major Projects in Casablanca: Almost Finished...: "Launched in 2014, the development plan of Grand Casablanca, which mobilizes nearly 34 billion Dirhams, was a turning point in local management. In the space of 3 years, dozens of construction sites, whose execution had been going on for years, have begun to materialize. These projects, long in the drawers, have finally found the necessary funding."
Customs Procedures: The Break of August 1: "Transfers of goods imported under a dozen customs-related economic regimes can now be declared online. The device will be operational as of August 1. It features two functionalities, namely the electronic signature and the downloading of documents. The dematerialization of the declaration of transfer speed up customs formalities, reduce the length of time, and improve logistical competitiveness."
Read more at: L'ECONOMISTE
Maroc Telecom Defies the Conjuncture: "Despite the decline in its turnover, Maroc Telecom resists the economic situation and announces half-yearly profits of nearly 3 billion Dirhams. Also, the Group remains optimistic and confident about its activity."
Assilah, a Hight Place of Cultural and Patrimonial Pilgrimage: "Peaceful for some, fabulous for others, Assilah always exercised an exceptional seduction on visitors and artists as a high place of cultural and patrimonial pilgrimage. Classified as a historical heritage by its many historical monuments, witnesses of the passage of several civilizations in this city, Assilah attracts enthusiasts of culture and arts by the cleanliness of its streets, the purity of its lines, and its almost intact 15th century wall which limits itself with the sea."
Read more at: AL BAYANE
AIDS: The World Holds Its Breath: Trump's Threat to Reduce US Financial Support for the Fight Against HIV Stirs the Experts: "Some 6,000 AIDS specialists take stock in Paris from Sunday to tomorrow, Wednesday, on the advances of the research against a backdrop of concerns over the decline in financial support for the fight against HIV in recent years."
SNRT, Medi 1 TV, and Med Radio pinned by CSCA: Three Warnings in Relation to the Coverage of the Events of Al-Hoceima: "The High Council for Audiovisual Communication (CSCA) has issued warnings to SNRT, Medi 1 TV, and MED Radio in relation to their coverage of the events of Al Hoceïma. CSCA issued a warning to SNRT after the broadcast in the newscasts of "Al Oula" and "Tamazight" last May 27 and 28, dealing with the said events, images, and sequences taken in "a context different from that in which they were presented.""
Read more at: LIBERATION
Al Hoceima: The Regional Center of Oncology Reopens Its Doors: "The Regional Center of Oncology of Al Hoceïma has been equipped with modern biomedical equipment. New equipment was commissioned on the occasion of a visit by the Minister of Health, El Houcine Louardi, within this establishment. It should be noted that the minister is traveling in the province of Al-Hoceima to inquire about the achievements and the progress of the works in the various ongoing projects in the field of health."
Salé Reform and Education Center: Vandalism: 24 Years in Prison for 33 Defendants: "The Criminal Chamber of First Instance of the Court of Appeal of Rabat has handed down 24-year prison sentences for 33 defendants, condemned for "voluntary fire involving the death of an individual and for disobedience." At the hearing held in the night from Friday to Saturday, the Court also ordered the defendants to pay compensation to the civil party in the amount of 400,000 Dirhams each."
Read more at: AUJOURD'HUI LE MAROC
Foreign Trade: Alert on Trade Deficit! : "Trade deficit, for the year 2017, is likely to increase. The calculations of the Exchange Office, the Directorate of Studies and Financial Forecasts, or the forecasts of the High Commission of Planning (HCP) anticipate a widening of the deficit which is expected to reach 18.8%. The latter seems to return to the levels of the years 2013-2014."
Advanced Regionalization: Time for Concertation: "The acceleration of cadence is essential for the completion of the project of advanced regionalization, whose effective implementation is still stalled two years after the launching of the process. In the opinion of several regional deputies, the consultation is necessary for the development of a clear roadmap between the Executive and the regional councils. In this regard, the Head of Government, Saad-Eddine El Othmani, has issued positive signals since his appointment."
Read more at: Les Inspirations Eco
Crédit : IMPERIUM MEDIA
