FINANCIAL MARKET HEADLINES
| MOROCCO | ATTIJARIWAFA BANK | NIGS up 18% at the end of September 2022
MOROCCO | DELTA HOLDING | Consolidated revenue up 6% at the end of September 2022
In Q3 2022, Delta Holding's consolidated revenue fell by 5% to MAD 625 Mn. Meanwhile, the operator's consolidated revenue at the end of September 2022 recorded an increase of 6% to MAD 1,893 Mn.
| MOROCCO | DISWAY | Consolidated revenue up 5% at the end of September 2022
In Q3 2022, Disway’s consolidated revenue rose by 3.2% to MAD 397 Mn. In this context, the operator's consolidated revenue at the end of September 2022 increased by 4.6% to MAD 1,370 Mn.
| MOROCCO | COLORADO | Revenue up 9% at the end of September 2022
At the end of September 2022, Colorado’s sales volume amounted to 43.0 KT, up 8.3% y-o-y. In this context, the operator's revenue jumped by 8.9% during the same period to settle at MAD 468.4 Mn.
ECONOMIC HEADLINES
| MOROCCO | PUBLIC FINANCES | Figures at the end of October 2022
At the end of October 2022, Treasury ordinary revenue jumped by 23.4% to MAD 249.0 Bn. This results from the increase of 18.7% in tax revenue to MAD 209.4 Bn and 62.9% in non-tax revenue to MAD 36.6 Bn.
Overall expenses reached MAD 279.6 Bn up 10.5%, following the 14.3% increase in ordinary expenses to MAD 238.5 Bn and 12.3% in CAPEX to MAD 57.9 Bn. Note that subsidies expenses more than doubled to settle at MAD 35.3 Bn during the same period.
| TUNISIA | GDP | A growth rate of 2.9% in Q3 2022
According to the National Institute of Statistics (INS), the Tunisian economy recorded a growth rate of 2.9% year-on-year in Q3 2022.
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