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Morocco’s Foreign Direct Investment Surges 28.6% to 33.5 Billion Dirhams in 2018
Wednesday 23 January 2019, by
33.5 billion dirhams. This is the amount of Foreign Direct Investment (FDI) last year in Morocco, the Office of Foreign Exchange has just announced.
This figure is up sharply by 28.6% compared to 2017, the office said, explaining that it is due to an increase in revenue of 11.6 billion dirhams higher than the increase in expenditure (+4.1 billion dirhams).
As for the Travel balance, it recorded a surplus of 54.3 billion dirhams, compared to 54.8 the previous year. This development is attributable to the 1.1 billion dirham increase in revenue, but expenditure which stood at 1.6 billion dirhams, according to this note on preliminary indicators of foreign trade for the year 2018.