Foreign Exchange Office: FDI net flows up 56.2% to end-March 2024

Foreign Exchange Office: FDI net flows up 56.2% to end-March 2024
Monday 6 May 2024 - 19:28

Net flow of Foreign Direct Investments (FDI) stood at almost 5.8 billion dirhams at the end of March 2024, up 56.2% compared to the same period a year earlier, according to the Foreign Exchange Office.

Revenues from these investments rose by 23.9% to over 9.7 billion dirhams, while expenditure fell by 5.1% to 3.9 billion dirhams, said the Office in a recent document on monthly foreign trade indicators.

The net flow of Moroccan direct investment abroad stood at -114 million dirhams, adds the document, noting that revenues (disposals of these investments) rose by 33.4% to 4.58 billion dirhams, while expenditure fell by 12.7% to 4.46 billion dirhams.

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