L'ECONOMISTE:
What will change the flexibility of the dirham? : "More flexibility and openness in the general exchange instruction project which will be published shortly. The text, widely discussed with the operators, awaited its validation by the government. Its entry into force must mainly precede the rearrangement of the dirham listing announced for June. The operators should familiarize themselves with the novelties on hedging against the financial risks."
Trump: Time for an initial assessment: "On Saturday, April 29, Donald Trump will be in the White House for 100 days. He spent a busy week with the budget review and the presentation of his tax reform. The American federal administrations should not close Friday night. The Congressmen prepared to adopt a budget law in extremis to avoid any paralysis. The Republican presidents of the spending committees of the House of Representatives and the Senate presented a text financing the federal state until May 5, while the current funding expires on Friday night at midnight."
Audiovisual: State and SNI refuse to recapitalize 2M: "The second channel is in very bad posture. According to our information, neither the State, majority shareholder, nor the SNI (20% shareholder) have agreed to recapitalize 2M, probably discouraged by the disturbing state of its finances, especially since the report of the Court of Auditors brought out a catastrophic situation. According to the financial court, the financial result of the channel has become a quasi-structural deficit, "2M has only achieved negative results since 2008 because its turnover is unable to absorb its total expenses"."
AL BAYANE:
Presentation of the Project of the Budget Law-2017: El Othmani advocates the pursuit of reform projects: "The two houses of parliament will hold on Thursday a joint plenary session devoted to the presentation of the project of the Finance Law for the financial year 2017. This session, which was held at the headquarters of the House of Representatives yesterday, shall act in accordance with the provisions of Article 68 of the Constitution. The head of government Saad Eddin El Othmani also stressed that, in Rabat on Wednesday, his team relies on a clear political vision focused on the pursuit of reforms."
Elalamy: One million vehicles by 2020: ""Morocco expects, by 2020, a production capacity of one million units and the achievement of a local integration rate of 80% of vehicles leaving the Kingdom and an annual turnover of 10 billion Euros," said, in Tangier Automotive City on Wednesday, the Minister of Industry, Investment, Trade and the Digital Economy Moulay Hafid Elalamy."
Organic law on Amazigh: The proposals of civil society: "The "proposal of alternative amendments to the project of organic law on the implementation of the official character of the Amazigh" was at the center of a meeting that took place in Rabat on Tuesday at the initiative of the Civil Coalition for the implementation of the officialization of this language. Representatives of the Coalition have indicated on this occasion that this meeting is part of the contribution of civil society to make known the "alternative elaboration to texts which are below the official status of the Amazigh language" as stipulated in Article 5 of the Constitution with a view to introducing the necessary amendments before the adoption of the project in front of the Parliament. The participants have also stressed the need to launch an ample debate, particularly within the Parliament, on the proposed amendments and guarantees to be brought together in the law project on the implementation of the official character of the Amazigh language as a symbolic heritage common to all the Moroccans."
LIBERATION:
Algerian election campaign against suspicious transactions: The Islamists embrace Morocco's official thesis against a promise of portfolios in the future government: "Morocco seems to be a favorite theme in Algeria even during the election campaign. During his first electoral meeting, Abderrazak Mokri, the president of the Society for Peace Movement (MSP), the largest Islamist party in the country, has launched diatribes against Morocco accusing it of drowning Algeria from cannabis. "We must condemn the drug culture in Morocco because it is the cause of all the problems," he said at a recent meeting."
The 12th opens its doors in Meknès: Italy, third agricultural country in the European Union: "The works of the 9th Conferences of the Agriculture, held under the theme "Agriculture and food security along the water", opened in Meknes on Monday, with the participation of Mr. Alpha Condé, the President of the African Union (AU) and the President of the Republic of Guinea, as the honor guest of this event."
LE MATIN DU SAHARA:
Mohamed Boussaïd presents to Parliament the law project of Finances 2017: 190 billion DH destined to public investment: ""The law project of Finance (PLF) for the year 2017 has mobilized 190 billion DH to realize public investments, including a budget of 63.6 billion DH destined to the Administration," said on Thursday the Minister of Economy and Finance Mohamed Boussaïd. "The investments concern both public establishments and administration and local and regional authorities," said Mr. Boussaïd in front of the parliamentarians of both Houses of Parliament. "The project also envisages the continuation of the dynamics of public investment, including those relating to sectoral strategies, by allocating 8.9 billion DH to the Green Morocco Plan, 3.7 billion to the industrial acceleration plan and 11.7 billion to renewable energies," Boussaïd added. "The PLF emphasizes the need to support the implementation of major projects by allocating an envelope of 1.2 billion DH to highways, 6 billion to the railways, 1.5 billion at airports and about 20 billion to the ports," he said."
"Cartes Afrique" 2017: Opportunities abound in the payment market: "The twelfth edition of "Cartes Afrique", the continental platform of the professionals of the monetics and the means of payment, opened in Marrakech on Thursday. More than 700 experts, bankers, international consultants, solution providers and payment and identification actors from around fifty countries took part in this event."
AUJOURD'HUI LE MAROC:
Head of Government: El Othmani style: "The new head of government, freshly invested by the Parliament, has a distinct style. Known by his discretion and composure, Saâd Eddine El Othmani adopts an approach that contrasts with that of his predecessor. The passage from the number one executive to the Parliament to respond to the reactions of different parties about the government program made it possible to measure how different the method of Saad Eddine El Othmani was."
It supports the reform movement initiated by the Kingdom: The cooperation between Morocco and the EU is solid: "The European Union (EU) reiterates, on Thursday, its support for the continuation and deepening of the reform movement in which Morocco has embarked. "The European Union reiterates its support for the continuation and deepening of the reform movement in which Morocco has embarked in the wake of the 2011 constitutional reforms undertaken under the rule of the King Mohammed VI," stressed Federica Mogherini and Johannes Hahn."
Les Inspirations Eco:
Real Estate: Is it time to buy? : "Loans at 5.1%, at 4.9% or at 4.3%... The home mortgage rates reached a historically low level at the end of the first quarter. In their races to market shares, the banks have triggered a decline in mortgage lending rates over the last six months. According to some professionals, this windfall is going to be extended in duration, others more pessimistic, fear a screen effect..."
Government program: El Othmani tries to convince: "The head of government Saâd-Eddine El Othmani defends the government's choices. Although his mission in going to be difficult, he shows optimism that is far from being shared by the opposition. "
Industry and transport: Alstom unveils its ambitions for Morocco: "The Alstom Group is gradually switching to the intelligent and the all-electric. In view of the forthcoming International Union of Public Transport (UITP) Fair, the company unveiled, in Paris last Tuesday, several new industrial and software technologies in terms of urban transport. The opportunity for Henri Poupart-Lafarge, the CEO of Alstom, is to deliver its ambitions for Morocco and Africa."
Crédit : IMPDERIUM MEDIA
