MRE Transfers

Moroccan Diaspora Remittances Rise 5% to 38.31 Billion Dirhams in May

7 July 2022

At the end of last May, Moroccans living abroad (MRE) transferred around 38.31 billion dirhams (MMDH) against 36.47 MMDH in the same period in 2021, according to the Office des (…)

EU Considers Stricter Rules on Money Transfers from Moroccan Expats

24 June 2022

Morocco is gradually preparing to face any eventuality related to the threat of tightening the rules of transfers of Moroccans living abroad, brandished by certain European (…)

Moroccan Diaspora Remittances Surge Despite Pandemic, Boosting Economy

23 June 2022

On the occasion of the International Day of Family Remittances, a debate was organized on the transfers made by Moroccans residing abroad, especially during the critical period (…)

Moroccan Remittances Expected to Dip to 87.3 Billion Dirhams in 2022, Central Bank Reports

22 June 2022

After a very strong increase recorded during the pandemic period, remittances from Moroccans living abroad should decline slightly, gradually returning to their pre-crisis (…)

Moroccan Diaspora Remittances Reach 30.56 Billion Dirhams, Up 5.3% in April

2 June 2022

At the end of last April, remittances by Moroccans residing abroad (MREs) reached more than 30.56 billion dirhams (MMDH), up 5.3% compared to last year, according to the Office (…)

Moroccan Diaspora’s Record Remittances Bolster Economy Amid Pandemic, Party Leader Says

17 May 2022

The Istiqlal party has praised the resilience of the Moroccan economy during the Covid-19 crisis, emphasizing the contribution of Moroccans residing abroad (MREs) through their (…)

Morocco Sees 40% Surge in Remittances from Expatriates in 2021, World Bank Reports

16 May 2022

Remittances made by Moroccans Living Abroad (MRE) for last year increased by 40%, thanks to the resumption of activities in the host countries of the European Union as well as (…)

Moroccan Expatriates Send Record $10 Billion in Remittances Home in 2021

6 May 2022

In 2021, the funds transferred by Moroccans residing abroad (MREs) amounted to nearly 93.3 billion dirhams (MMDH), compared to 68.18 MMDH in 2020. A record that should not be (…)

Remittances from Moroccan Expats Surge 22.5% to 12.31 Billion Dirhams in February

1 April 2022

At the end of last February, remittances from Moroccans living abroad reached 12.31 billion dirhams (MDH), up 22.5%, according to the Office of Foreign Exchange.

Morocco’s Remittances from Abroad Expected to Drop 15% in 2022, Central Bank Forecasts

24 March 2022

Remittances from Moroccans living abroad, which reached a record 93.3 billion dirhams last year, are expected to fall to 79.3 billion dirhams this year, according to forecasts (…)