Moroccan Expats in Gulf Countries Send Home $1.2 Billion in 2018

Thus, last year, they transferred some 11.6 billion dirhams, or about 17.8% of the total amount sent by Moroccans living abroad, reports the site telquel.ma.

In detail, Moroccans in Saudi Arabia sent 4.54 billion dirhams, those in Qatar 1.26 billion dirhams and those living in Kuwait transferred a little over 1 billion dirhams (1.04), a breath of fresh air for the Kingdom’s foreign exchange reserves.

Note that last year, Moroccans around the world sent 64.5 billion dirhams, up 4.5 billion dirhams from the previous year’s figures. Moroccans in France are largely in the lead, followed by those in Spain and then those living in Italy. Saudi Arabia ranks 4th.