Foreign direct investment increase by 46.8%, exchange office

Foreign direct investment increase by 46.8%, exchange office
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Thursday 19 September 2024 - 13:17

The Exchange Office reported that net foreign direct investment inflows exceeded 13.06 billion dirhams by the end of July 2024, a remarkable 46.8% increase compared to the same period last year.

In its latest bulletin on monthly foreign exchange indicators, the office noted that revenues from these investments grew by 9.5% to over 22.23 billion dirhams, while expenses declined by 19.6% to 9.16 billion dirhams.

Additionally, net Moroccan direct investments abroad reached 741 million dirhams, with revenues from these investments rising 6.2% to 9.77 billion dirhams and expenses decreasing by 35.5% to 10.51 billion dirhams.

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