Morocco’s Economy Hit as Remittances from Abroad Plummet, Impacting National Savings
15 July 2020
The reduction in remittances from Moroccans living abroad (MRE) has considerably affected national savings.
MRE Transfers
Morocco to Allow Limited Entry for Citizens and Residents Starting July 14
11 July 2020
Despite the cancellation of the Marhaba 2020 operation, an emergency plan is needed to allow the transit of Moroccans residing abroad (MREs), especially from France and Italy, (…)
Morocco’s Economy Hit Hard: FDI Drops 15.9% Amid Coronavirus Crisis
7 July 2020
The most sensitive sectors of the Moroccan economy are experiencing record declines due to the coronavirus epidemic. Foreign direct investment has seen a 15.9% drop by the end (…)
Moroccan Man Attempts Daring Swim Across Closed Border from Spanish Enclave
5 July 2020
A Moroccan blocked in Ceuta due to the closure of the Moroccan border has desperately tried to return to Morocco.
Algeciras Closes Free Parking Lot Used by Moroccan Travelers Ahead of Potential Border Reopening
2 July 2020
As of Sunday, July 5 at 6:00 a.m., the free parking lot of Llano Amarillo (Algeciras), usually used by Moroccans from different European countries, will be closed.
Morocco’s Exports Plummet 20% Amid Global COVID-19 Disruptions
1 June 2020
Covid-19 and the restrictive measures put in place have caused a drop in Morocco’s foreign trade. This is evidenced by the figures published by the Office of Foreign Exchange.
Moroccan Diaspora Remittances to Decline Amid Global Economic Crisis
16 May 2020
Money transfers from Moroccans living abroad to Morocco will see a sharp decline in the coming months due to the covid-19 and the economic crisis in the countries of residence, (…)
Moroccan Remittances Plummet 10% Amid COVID-19, Experts Warn of Prolonged Decline
15 May 2020
The health crisis related to covid-19 is having a negative impact on money transfers from Moroccans living abroad (MRE), which are already "down 10%". A situation that could (…)
Moroccan Economy Faces Recession as Remittances Plummet 69% Amid COVID-19 Crisis
10 May 2020
Covid-19 is affecting the Moroccan economy, with a reported 69% drop in remittances from Moroccans living abroad (MRE). This is indicated by a study conducted by Zoubir (…)
Moroccan Remittances Plummet as Transfer Fees Surge Amid Global Crisis
20 April 2020
Faced with rising transfer costs, caused by the health crisis and lockdown, Iñigo Moré, a professor at Berkeley and founder of REMESAS.ORG, is calling for regulatory (…)