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  • News: Headlines from the Moroccan Press: Tuesday, May 2, 2017

News: Headlines from the Moroccan Press: Tuesday, May 2, 2017

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L'ECONOMISTE:
End of demining taxation: "After the General Confederation of the Moroccan Companies (CGEM), the Professional Organization of Chartered Accountants criticizes the introduction of the rights abuse notion in the tax legislation. This measure is foreseen in the 2017 draft budget law discussed this week in Parliament. Even before, the tax inspectors have often used it during the companies accounting checks."

The stock market wants to become "emerging" again: "DECLASSED in November 2013, the Casablanca Stock Exchange is re-applying for a position in the MSCI Emerging Markets. The index serves as a reference for the foreign fund managers for their operations in the emerging markets. Four Moroccan values meet the eligibility criteria. However, it will be necessary to solve the problem of liquidity of the place, in addition to a concrete file.

Moroccan Sahara: Rabat reinforced in its position: "The resolution of the Security Council related to the Sahara file, adopted last Friday, devotes the new approach to manage this issue since the arrival of the new GS of the UN. Morocco seems to reap the rewards of the efforts made in recent years. Since the launching of the autonomy proposal, Rabat has been dynamic in the face of the lethargy which characterizes the opposing camp. The Polisario and its Algerian support are on the defensive.


L'OPINION:

The Regional Investment Centers (CRI) auscultated by the Court of Auditors: Only four CRIs have a one-stop shop: "The Regional Investment Centers (CRI) were examined by the judges of the Court of Auditors. The conclusions of this control were the subject freshly made published. In this document, the Court of Auditors notes that since the establishment of 16 Regional Investment Centers created in pursuance of the directives of the letter of His Majesty the King, addressed to the Prime Minister dated January 9, 2002, no common strategy has been put in place."

The SIAM, a window on the evolution of the national and continental agri-food: The "value chain" approach as a strategic choice: "With a participation of 66 countries including 21 African countries and 1,350 exhibitors, the twelfth edition of SIAM had, among others, the merit of consecrating Morocco as a rewarding destination of the agri-food, both continental and international. The International Fair of Agriculture of Morocco (SIAM) closed its twelfth edition on Sunday, April 23, 2017, placed under the High Patronage of His Majesty the King Mohammed VI."

Migrants' remittances in the MENA region: Morocco ranks third: "The latest World Bank report on migration and development estimates at 7 billion Dollars the remittances of the officially registered migrants towards Morocco in 2016. The kingdom thereby retains its third place among the main recipients of these flows in the MENA region, behind Egypt with 16.6 billion, and Lebanon with 7.3 billion.


LIBERATION:
Driss Lachguar ensures the working class whose FDT constitutes the pillar the solidarity of all the Ittihadis: "The Democratic Federation of Labor (FDT) celebrated, on May 1, in the presence of its General Secretary, Abdelhamid Fatihi, and the First Secretary of the USFP, Driss Lachguar. "The leadership of the party has entrusted me with the responsibility of transmitting its solidarity and support to the working class, of which the FDT is one of the pillars," said the latter on the occasion. It also assured the members of this labor union center of the support of the Socialist Groups in the two Houses of Parliament and the "Usfpéistes" ministers who," he said, "pledged to defend their demands.""

The AU Commission welcomes the adoption of resolution 2351 in the Sahara: "The Commission of the African Union (AUC) welcomed the unanimous adoption by the United Nations Security Council of resolution 2351 (2017) in the Sahara, which extends the mandate of MINURSO for one year. "The President of the African Union Commission, Moussa Faki Mahamat, welcomes the unanimous adoption by the members of the UN Security Council of resolution 2351 (2017), which extended the mandate of MINURSO until April 30, 2018," according to a Commission statement issued in Addis Ababa on Sunday."

Musical Spring of the Tradewinds: The Moroccan Philharmonic Orchestra vibrates Essaouira: "The Moroccan Philharmonic Orchestra (OPM), led by Oliver Holt, proposed on Saturday, in the framework of the 17th Spring Festival musical of tradewinds, a version of "Carmen", the opera of Georges Bizet, specially adapted for Essaouira, with the participation of musicians from the Guangzhou Symphony Orchestra. This great premiere has even given more depth and relief to this universality of music to which, for 17 years, the Musical Spring of the Tradewinds has chosen to identify itself. The OMP has succeeded in awakening the senses of the music lovers and to transport them in time and space with famous pieces of music by the Swiss composers Ernest Bloch (1880-1959) and French Francis Poulenc (1899-1963)."


LE MATIN DU SAHARA:
The working class celebrates in protest the Labor Day: The labor unions reformulate their old grievances to the new government: "The labor unions did not say their last word on the pension reforms endorsed by the former government. On May 1, the labor unions leaders called the new government, presided by Saad Eddine El Othmani, to place this thorny issue among the points to be tackled in the context of social dialogue. Claiming the improvement of workers' incomes, the labor unions, all trends combined, have criticized "the recent price increases" and reiterated their rejection of the introduction of the CDD into public administration. The day before, the Minister of Employment and Occupational Induction, Mohamed Yatim, wanted to be reassuring in an address addressed to the working class."

Foreign Affairs: The autonomy initiative again reinforced by the resolution of the Security Council on the Moroccan Sahara: ""The Moroccan autonomy initiative, presented by the Kingdom in 2007, was further strengthened by resolution 2351 adopted by the Security Council unanimously by its members," said on Saturday the Minister of Foreign Affairs and International Cooperation, Nasser Bourita. "In this resolution, the Security Council takes note once again of the Moroccan proposal by welcoming "serious and credible" efforts granted by the Kingdom to move forward towards a definitive settlement of the artificial conflict around the Moroccan Sahara," noted Mr. Bourita during a meeting with the press in Rabat, believing it to be "a fundamental element"."

Basic Retirement: The CNSS pension reform project will soon begin: "The CNSS will sponsor, on May 25, the study to reform its pension system. This will lead to a scenario that will make the regime sustainable, strengthen the link between contribution effort and the level of pension, and encourage insured persons to stay longer in the scheme with the first structural deficit in 2024."


AUJOURD'HUI LE MAROC:
May 1: Labor unions and government feel their pulse: "The workers beat the pavement yesterday, Monday, May 1. On the occasion of the Labor Day, all labor unions wanted to mark the blow. A few days after a series of meetings organized by the Head of Government, Saad Eddine El Othmani, and the Minister of Employment and Occupational Integration, Mohamed Yatim, for a first contact, the labor unions have in their turn tried to feel the pulse of the government. At Casablanca, a traditional city for the "proletarian" class, all the trade union centers organized rallies to make their voices heard except the UGTM. This was the case in particular for the Moroccan Union of Labor (UMT).

Mohammed VI Tanger Tech City: The preparations for the launching of construction sites are accelerating: ""The works of the realization of the Mohammed VI Tanger Tech City will start faster thanks to the mobilization of all the stakeholders in this mega-project," affirmed the president of the council of the region of Tangier-Tetouan-Al Hoceima, Ilyas El Omari, on the sidelines of a working meeting held on Saturday, April 29, with a delegation from the Chinese province of Sichuan as well as the two main partners of this project, in this case the Chinese Group Haite and BMCE Bank."

Case of plots of agricultural land in Chichaoua: ONSSA puts an end to the controversy: "Following information relayed by some local and national press bodies concerning foul-smelling odors from plots of agricultural land in the city of Chichaoua resulting from the use of organic fertilizers and in order to enlighten public opinion, the ONSSA and the DPA specify that it is a parcel of agricultural land not exceeding 3 ha located in the urban perimeter of the city of Chichaoua."


Les Inspirations Eco:
MOROCCAN SAHARA: A WON BATTLE! : "The UN Security Council, by unanimity of its members, has validated resolution 2351 which extends for one year the mandate of Minurso in the strict framework of its current activities. During his meeting on Saturday, April 29, with some media, including Les Inspirations ÉCO, the Minister of Foreign Affairs, Nasser Bourita, has reversed the decision of the Security Council and provided keys to understand the main lines of the kingdom's diplomacy."

MIGRATION POLICY: THE CIVIL SOCIETY IN THE FOREWORDS: "The implementation of the objectives of migration policy inevitably passes a close partnership with civil society. Since the launching of the Moroccan strategy, many projects supported by associations were financed by the supervisory department. In 2016, 90 organizations have been subsidized to help migrants."

CRÉDIT DU MAROC: THE RECOVERY CONFIRMS: "After the bad episode of 2015, Crédit du Maroc managed to reverse the trend by the end of 2016. This dynamic was thus maintained during the first quarter of 2017, which enabled the bank to record results in good shape."

 

 

Crédit : IMPERIUM MEDIA

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