Moroccans living abroad’s transactions reached over MAD 47.04 billion in the first half of 2022, up compared to MAD 44.33 billion recorded during the same period last year, according to the Exchange office’s monthly indicators for June.
These transactions have shown an increase of 6.1% (+MAD 2.71 billion) compared to the same period last year, added the Office.
These transactions have climbed by over MAD 15.18 billion compared to the same period in 2018, further stated the same source.
These data also showed an increase in the trade deficit of 48.7% with an increase in imports of 44.2%, and exports of 41.2%.
The flow of foreign direct investment (FDI) increased by 89% to 16.191 billion dinars by the end of June.
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