Moroccan Diaspora Remittances Surge 8.8% to $660 Million Amid Pandemic
3 March 2021
From January 2020 to January 2021, remittances made by Moroccans residing abroad (MREs) to Morocco climbed to nearly 5.9 billion dirhams, an increase of 8.8%.
MRE Transfers
Moroccan Diaspora Remittances Surge 5% in 2020, Defying Economic Downturn
17 February 2021
In 2020, remittances from Moroccans living abroad increased by 5%, contrary to Bank-Al-Maghrib’s forecasts of 1.7%. Speaking during a working session on investment (…)
Moroccan Diaspora Remittances Surge 3.9% Despite Global Pandemic
5 January 2021
Remittances from Moroccans living abroad (MRE) to Morocco have withstood the winds of Covid-19 and its consequences. As of the end of November 2020, remittances made by MREs (…)
Moroccan Diaspora Remittances Set to Surge, Boosting Economy in 2021
16 December 2020
Remittances from Moroccans living abroad (MRE) will rebound, says Bank Al-Maghrib (BAM). They will increase from 65.8 billion dirhams (MMDH) in 2020 to 70 billion dirhams (…)
Moroccan Diaspora Remittances Surge 2.2% to 50 Billion Dirhams Despite Global Crisis
8 November 2020
Remittances from Moroccans living abroad increased by 2.2% at the end of September for an amount estimated at nearly 50 billion, according to the Office of Foreign Exchange.
Moroccan Diaspora Remittances Surge Despite Global Economic Downturn
7 October 2020
In the midst of the crisis related to the Covid-19 pandemic, remittances from Moroccans Residing Abroad (MREs) have only seen a 3% drop. But from July onwards, MRE remittances (…)
Remittances to Morocco Drop 2.3% Amid Global Pandemic
3 October 2020
The transfer of funds from Moroccans living abroad (MRE) has declined by 2.3%. This is justified by the health crisis due to the coronavirus that has impacted several sectors (…)
Moroccan Diaspora Remittances Show Resilience Amid COVID-19 Crisis
30 September 2020
Transfers from Moroccans residing abroad (MRE) have seen a 3% drop by the end of July despite the health crisis related to the coronavirus. Here are the reasons.
Remittances to Morocco Drop 8% as Travel and Foreign Investment Decline
30 August 2020
Transfers from Moroccans Residing Abroad (MREs) fell by 8.1% to 24 billion dirhams at the end of the first half of 2020. They were able to cover 59.4% of the trade deficit, (…)
COVID-19 Claims 500 Lives Among Moroccan Expatriate Community
11 August 2020
The coronavirus has claimed the lives of 500 Moroccans residing abroad (MRE). This is what Abdellah Boussouf, Secretary General of the Council of the Moroccan Community Abroad, (…)