Remittances to Morocco Dip 1.7% in 2018, Foreign Investment Rises

They were set at 64.8 billion dirhams for the year 2018, down 1.7% compared to the previous year, it is specified. In its previous notes, particularly those of last November and December, the office had already reported declines in these flows.

Regarding Foreign Direct Investment (FDI) in Morocco, it recorded an increase of 25.9% from 26 billion dirhams in 2017 to 32.8 billion dirhams for the year 2018, still according to the office, according to which this result is due to the increase in receipts (+11.7 billion dirhams), higher than the increase in expenditures (+4.9 billion dirhams).

As for Moroccan Direct Investments Abroad, they experienced a sharp decline of 45.1% to 5.4 billion dirhams last year, attributable, it is explained, to the decrease in Moroccan direct investments made abroad (-41%) higher than the decrease in disposals of Moroccan direct investments abroad (-21.8%).