Remittances from Moroccans living abroad (MRE) totaled MAD 56.72 billion at the end of June 2024, compared with MAD 55.69 billion during the same period in 2023, according to the Changes Office.
These transfers were up by 1.8% (+1.03 billion) compared with the first six months of 2023, according to the Office in its recent bulletin on monthly foreign trade indicators.
This bulletin also reports a services balance surplus down 5.8% to mad 58.45 billion, due to an increase in services imports (+11.4%), greater than that of exports (+2.8%).
Travel revenues stood at MAD 49.01 billion at the end of June 2024, versus 47.91 billion a year earlier.
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