FDI flow down 42.2% in February

The flow of Foreign Direct Investments (FDI) in Morocco dropped by 42.2% by the end of February 2022 compared to the same period the year before, the Exchange Control Office has said.

The FDI flow amounted to MAD1.6 billion in the first two months of 2022, the source points out in a release.

This performance is the result of an 8.1% drop in revenues that reached 3.78 billion MAD and a 62.7% increase in expenditures (+ 62.7%), the Office says.

The net flow of Moroccan Direct Investments Abroad increased by 591 million MAD to reach 1.34 billion MAD in the same period, the source adds.