Morocco’s trade deficit has shrunk by 1.9% to almost 66.25 billion dirhams ($6.9 billion) in the first four months of the current year, according to the Exchange Office. Morocco witnessed a 19.7% drop in exports between January and April of this year, representing a loss of 20 billion DH ($2 billion), according to the Exchange […]
Remittances by Moroccans abroad hit a record 100 billion dirhams ($10.7 bln) in 2021 compared to 70 billion dirhams in 2020, offsetting losses of the tourism sector, minister delegate in charge of investments said. Remittances have contributed to the consolidation of Morocco’s international reserves which rose to 330.4 billion dirhams ($35.7 bln), enough to cover […]
Director-General of Morocco’s National Security and Territorial Surveillance, Abdellatif Hammouchi, and General-Director of the Brazilian Federal Police, Andrei Augusto Passos Rodrigues, signed, on Tuesday in Agadir, a memorandum of understanding on security cooperation. The MoU, meant to strengthen bilateral cooperation and exchange experiences in the security field, provides for developing cooperation channels between Moroccan and […]
