LE MATIN DU SAHARA:
Despite the Recovery, Investment Does Not yet Follow: "The Moroccan economy continues its catch up. After a sluggish 2016, GDP would have increased by 3.8% in the first quarter and would have remained on track for the next three months, with an increase of 4.8% against a backdrop of investment downturn. For the third quarter, the dynamics would slow to reach an estimated GDP growth of 4.1%, according to the HCP."
Economic, Social, and Environmental Council: The Governance of National Social Protection Floors Erected as a Priority: "How do the social protection floors perform in the countries of the Union of Economic and Social Councils and Francophone Similar Institutions (UCESIF)? This is the main question that the participants of the international seminar organized in Rabat yesterday by the Economic, Social, and Environmental Council in collaboration with UCESIF."
L'ECONOMISTE:
Tourism: Recovery Perfume: "Tourist arrivals climbed to 3.8 million at the end of the first 5 months of the year. The activity recorded a 9% increase in arrivals at the end of May. Guardianship puts on nearly 11 million tourists over the 12 months of 2017. This is feasible given the rush that has been recorded since the beginning of summer season. A rush fueled essentially by a clientele of Moroccans living abroad (MRK), who are classified as full-fledged tourists (as defined by the World Tourism Organization -WTO)."
Real Estate in Deep Coma: "Overabundant offer; important stocks of unsold; inadequacy between supply and demand; strong price corrections in Marrakesh, Tangiers, Fez, Meknes; over-indebtedness of promoters; accumulation of bank defaults, agios; slowdown of housing starts; etc.; all makes very worrying situation that some promoters leave the key under the doormat. "Real estate is a cyclical activity. The sector is part of longer cycles with deferred returns," analyses Abdellatif Zaghnoun, Managing Director of the Deposit Management Fund (CDG). This is a perfect summary of the current market situation, especially among large operators."
AL BAYANE:
Al Omrane Will Invest 5.7 Billion Dirhams in 2017: "For the year 2016, Al Omrane has achieved a turnover of 5.3 billion Dirhams. This turnover is in increase of 15% compared to last year. "2016 was a good year for Al Omrane," comments Badre Kanouni, the President of Al Omrane Group's directory, on the sidelines of a press conference held in Rabat on July 3. And to continue: "Our Group is in a good financial position, especially since we were able to reduce our debt by more than 80%." In terms of business performance, the Group closed the year 2016 with the construction of 17,938 new production units and urban upgrading projects (MANU) which benefited 119,831 households. In addition, the same year was characterized by the completion of 20,026 new production units and MANU projects benefiting 76,564 households."
The House of Councilors Holds Its Monthly Session: "The Chamber of Counselors will hold, on Wednesday, a monthly plenary session devoted to the responses of the Head of Government, Mr. Saad Eddine El Othmani, to questions on the general policy of the Government on "the reform of administration and requirements of good governance" and "the government policy on industrial development and the improvement of business climate." "This session, which is held in accordance with the provisions of Article 100 of the Constitution, will start at 04:30 pm," specifies a statement from the Second Chamber.
LIBERATION:
The Government Wants to Adapt Retirement to Its Requirements: The two-year prolongation of the continued existence of certain civil servants is not to the taste of trade unions: "El Othmani's government is extending the retirement age for some civil servants. A circular from the Head of Government has just been sent to the ministers of state, ministers, secretaries of state, and high commissioners specifying the relevant conditions."
The National Economy Grew by 4.8% in the Second Quarter: The Uptrend Should Continue at a Sustained Pace in the Third Quarter, According to HCP: "The national economy has made a considerable good in the second quarter of 2017, according to the latest figures published by the High Audit of Planning (HCP)."
AUJOURD'HUI LE MAROC:
Hearing: Driss Jettou Today at Parliament: "The two Houses of Parliament hold, this Tuesday, a joint plenary session devoted to the hearing of the presentation of the first President of the Court of Auditors on the activities of the Court for the year 2015. This session shall be held in accordance with the provisions of Article 148 of the Constitution. During 2015, 28 monitoring missions were carried out among those scheduled for the same year as part of monitoring the management and evaluation of public projects."
Asilah: Colloquium of Moroccan-Luisitan History: "The relations between Morocco and Portugal have improved over the last decade reflecting the dynamism and the existence of a great partnership potential between the two neighboring countries. It was in this context that the ninth colloquium on Moroccan-Luisitan history took place, whose works has taken place at Hassan II Center of international meetings in Asilah on July 1 and 2."
Les Inspirations Eco:
Regional Growth: Industry, a Poor Relative: "Several regions of the kingdom are in stages of industrialization similar to those of the least developed countries (10%). They suffer from a weak industrial structure. The Directorate of Studies and Financial Forecast recommend promoting the emergence of the industrial sector, with significant investment and support."
African Union: Serious Things Are Starting for Morocco: "After its return to the continental organization last January, Morocco is participating for the first time at the AU summit as a full member. On this occasion, a large Moroccan delegation is in Addis Ababa to lead the way of Morocco, now committed to contributing to the implementation of the African Agenda for Peace, Stability, Security, and Development."
Crédit : IMPERIUM MEDIA
