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  • The Moroccan Economy in Brief of 21/02/2017: Economic Cooperation between Morocco and the GCC Countries

The Moroccan Economy in Brief of 21/02/2017: Economic Cooperation between Morocco and the GCC Countries

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1. The confidence of Moroccan consumers at the bottom: "Moroccan consumers do not have morale at the best. This is what a recent study by the Nielsen firm pointed out that the confidence index has lost five points compared to the second half, ending the fourth quarter of 2016 on a score of 85. According to "Aujourd’hui Le Maroc" which returns on the details of this study in its edition of this Tuesday, the 21st of February, the results show that the number of Moroccans who consider their personal financial situation as good or excellent fell by two points, or 42% for the last quarter of 2016.


2. 4.7 billion Dirhams of customs receipts at the end of January: "The harvest is good! Tax incomes amounted to 17.3 billion Dirhams at the end of January 2017, compared with 16.4 billion Dirhams in the same period of last year, or an increase of 5.5% reveals "Aujourd’hui Le Maroc" in its publication of Tuesday, the 21st February, quoting the statistics of the General Treasury of the kingdom. This is due particularly to the increase in customs incomes, which amounted to 4.7 billion Dirhams, a marked increase of 17.8% in the first month of the current year. The daily reports that incomes from import VAT jumped 14% to 2.7 billion Dirhams at the end of January. The VAT on energy products grew 53.6% for the same period, an additional of 173 million Dirhams ".


3. A 10.6% increase in net income in 2016: "The loan and consumer credit specialist, Salafin, realized a net profit of 138.5 million Dirham in 2016, Up 10.6 percent from a year earlier, the company said on Monday.


4. A preparatory meeting of the Moroccan-Saudi Business Council: "A preparatory meeting of the Moroccan-Saudi Business Council was held in Casablanca on Sunday to discuss aspects of the economic cooperation between the two countries. At the meeting, Mr. Khalid Benjelloun, the president of the Moroccan side, highlighted the determination of Moroccan businessmen to increase the volume of trade between Morocco and Saudi Arabia.


5. Advocating for an effective institutionalization of social dialogue: "In celebration of the World Day of Social Justice, adopted nn the 26th of November 2007 under Resolution N° 62-10 of the United Nations General Assembly, the House of Councilors is organizing , two days (the 20th and the 21st of February), under the High Patronage of His Majesty the King Mohammed VI, the second edition of the International Parliamentary Forum on Social Justice, under the heading "Institutionalization of social dialogue: a key element for the Sustainable development and social justice. "This meeting provided an opportunity to engage in a pluralistic and participatory dialogue on the institutionalization of social dialogue with the participation of all concerned stakeholders, including representatives of the government as well as professional, economic, social and territorial representations ".


6. The British Council is launching a call for projects: "As a part of its" Social Entrepreneurship Project "by the British Embassy in Morocco, the British Council is launching the" Social Enterprenorth Competition " Environmental challenges in the Northern region of Morocco," a British Council statement said.

 

 

Crédit : IMPERIUM MEDIA

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