The net flow of foreign direct investments (FDI) exceeded MAD15.47 billion in the first ten months of 2021, up 14.8% compared to the same period a year earlier, according to the Exchange Office.
This rise is due to an increase in revenue to MAD24.89 billion (+12.6%) and in expenditure (MAD9.41 Bln, i.e +9.1%), the Office explained in its monthly foreign trade data of October.
Regarding Moroccan direct investments abroad (IDME), they stood at MAD13.96 billion at the end of October 2021, the highest level reached during the same period in the last five years, i.e. an increase of nearly MAD7.66 billion compared to the same period of 2020, the source added.
The transfer of these investments amounted to MAD10.72 billion, up MAD8 billion. Therefore, the net flow of IDME fell by 9.6%.
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