Tag: expatriates' remittances

Morocco heads towards new tourism revenue, remittances record in 2024

December 2, 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

September 2, 2022

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

November 24, 2021

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

February 18, 2021

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

February 6, 2021

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