Morocco
Moroccan Expat Remittances Hit Record $9.3 Billion, Boosting Economy Post-Pandemic
The first return of Moroccans residing abroad (MRE) to Morocco after the Covid-19 pandemic is marked by a strong influx of foreign currency.
Topic
MRE Transfers
Morocco
Moroccan Diaspora Remittances Surge 6.1% to 47 Billion Dirhams in First Half
In the first half of the year, remittances from Moroccans residing abroad (MREs) reached more than 47.04 billion dirhams compared to 44.33 billion during the same period last year.
Morocco
Moroccan Diaspora Remittances Surge 6% to 47 Billion Dirhams in First Half of 2022
As of the end of June 2022, Moroccans living abroad Moroccans residing abroad transferred 2.7 billion dirhams more than the same period in 2021, an increase of 6%.
Morocco
Moroccan Expatriates Send Record $10 Billion in Remittances Amid Pandemic
Transfers from Moroccans residing abroad (MRE) in 2021 increased by 37.5% compared to 2020, according to the annual report on the economic, monetary and financial situation of Bank Al-Maghrib (BAM).
Morocco
Moroccan Diaspora Remittances Rise 5% to 38.31 Billion Dirhams in May
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 Changes.
Morocco
EU Considers Stricter Rules on Money Transfers from Moroccan Expats
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 countries, particularly France.
Morocco
Moroccan Diaspora Remittances Surge Despite Pandemic, Boosting Economy
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 of the Covid-19 pandemic.
Morocco
Moroccan Remittances Expected to Dip to 87.3 Billion Dirhams in 2022, Central Bank Reports
After a very strong increase recorded during the pandemic period, remittances from Moroccans living abroad should decline slightly , gradually returning to their pre-crisis level. This year, Bank Al-Maghrib (BAM) is forecasting an amount of 87.3 billion dirhams (MMDH).
Morocco
Moroccan Diaspora Remittances Reach 30.56 Billion Dirhams, Up 5.3% in April
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 des Changes.
Morocco
Moroccan Diaspora's Record Remittances Bolster Economy Amid Pandemic, Party Leader Says
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 remittances, which reached a record level during the period.
Morocco
Morocco Sees 40% Surge in Remittances from Expatriates in 2021, World Bank Reports
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 by transit migrations.
Morocco
Moroccan Expatriates Send Record $10 Billion in Remittances Home in 2021
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 beaten this year.