Morocco’s Phosphate Exports Surge 67.7%, Boosting Economy
4 October 2022
At the end of last August, Moroccan phosphate and derivative exports increased sharply, reaching 7.89 billion dirhams (MMDH), an increase of 67.7% compared to a year earlier.
Exchange Office
Morocco’s Tourism Revenue Doubles, Nears Pre-Pandemic Levels
4 October 2022
With the Marhaba Operation 2022 and the resumption of tourism activities, the sector is returning to a recovery rate before the health crisis, according to the monthly report (…)
Moroccan Foreign Travel Spending Surges 70% as Covid Restrictions Ease
2 September 2022
The Covid period is (almost) far behind us. After nearly two years of the epidemic and difficulties in leaving the territory, Moroccans have started traveling abroad again and (…)
Moroccan Diaspora Remittances Surge 7.4% to 58.23 Billion Dirhams in 2023
2 September 2022
Over the first seven months of the current year, remittances from Moroccans residing abroad (MRE) recorded an increase of 7.4% (+4.03 billion dirhams) compared to the same (…)
Moroccan Diaspora Remittances Surge 6.1% to 47 Billion Dirhams in First Half
5 August 2022
In the first half of the year, remittances from Moroccans residing abroad (MREs) reached more than 47.04 billion dirhams compared to 44.33 billion during the same period last year.
Moroccan Foreign Investment Surges: France Tops List with $140 Million Inflow
23 July 2022
In 2021, France was the main destination for the net flows of Moroccan direct investments abroad (IDME), with 1.4 billion dirhams (MMDH), according to the Office des Changes.
Moroccan Diaspora Remittances Rise 5% to 38.31 Billion Dirhams in May
7 July 2022
At the end of last May, Moroccans living abroad (MRE) transferred around 38.31 billion dirhams (MMDH) against 36.47 MMDH in the same period in 2021, according to the Office des (…)
Morocco Launches Global Tax Probe into Overseas Bank Accounts of Citizens
2 June 2022
Morocco wants to investigate the bank accounts and other assets of Moroccans abroad to verify whether they are in order with the tax authorities. In this context, a vast (…)
Moroccan Diaspora Remittances Reach 30.56 Billion Dirhams, Up 5.3% in April
2 June 2022
At the end of last April, remittances by Moroccans residing abroad (MREs) reached more than 30.56 billion dirhams (MMDH), up 5.3% compared to last year, according to the Office (…)
Moroccan Expatriates Send Record $10 Billion in Remittances Home in 2021
6 May 2022
In 2021, the funds transferred by Moroccans residing abroad (MREs) amounted to nearly 93.3 billion dirhams (MMDH), compared to 68.18 MMDH in 2020. A record that should not be (…)