A fund for Moroccans living abroad could finance businesses in their home regions. The proposal aims to create local jobs while protecting money sent to families.
Moroccans residing abroad (MREs) are calling for radical reforms to guarantee a serious investment environment and encourage the injection of their capital into projects within the country.
In Morocco, the share of private investment from Moroccans living abroad remains low. Only 10% of MRE transfers are devoted to it. An incentive system is being put in place to better mobilize the investments of this community.
"The new development model of Morocco, unleashing energies" the general report of the CSMD . This is the theme of the presentation given by the Moroccan ambassador to France and president of the Special Commission on the New Development Model (CSMD), Chakib Benmoussa. The discussion meeting organized by the Council of Experts of Moroccans of the World (MDM) as well as several MDM associative structures, was held in Paris, at the Maison du Maroc.
The flow of foreign direct investment in Morocco has fallen by 19.5%, or nearly 2.22 billion dirhams (MMDH) at the end of February 2020, compared to 2.75 MMDH a year earlier.