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Tag: expatriates' remittances
Morocco heads towards new tourism revenue, remittances record in 2024
In the first ten months this year, tourism revenue and remittances from Moroccans abroad steadily increased on the way to break last year’s record. Tourism ... Read More
Morocco receives over $5.4 billion in remittances
Remittances flows to Morocco reached more than $5.4 billion during the first seven months of 2022, against $5.1 billion recorded the same period of last ... Read More
Morocco, third destination for remittances from African diaspora in 2021 – World Bank
The kingdom of Morocco is expected to receive $9.3 billion this year in terms of remittances from Moroccan expatriates, representing the third largest on the ... Read More
Remittances from Moroccan expatriates resilient in 2020 but only 10% invested
Remittances from Moroccans living abroad rose 5% to stand at 68 billion dirhams (7.5 billion dollars) despite the pandemic, but finance minister said only 10% ... Read More
Morocco’s trade deficit eases 23.1%, tourism receipts halve
Morocco’s trade deficit shrunk 23.1% as the pandemic lowered both imports and exports with tourism being the worst hit sector. Tourism revenues dropped 53.8% to ... Read More