Assahafa.com
Remittances from Morocco’s diaspora reached more than MAD 9.45 billion ($950 million) by the end of January 2025, slightly surpassing the MAD 9.4 billion ($940 million) recorded a year earlier, according to the Office des Changes.
This modest increase of MAD 44 million ($4.4 million) reflects the steady flow of financial support sent by the diaspora.
Money transfers from Moroccans abroad remain vital to the country’s economy. The Moroccan government continues to seek ways to deepen engagement with the diaspora and encourage more investment in their homeland.
Foreign direct investment (FDI) also showed positive momentum, with net inflows exceeding MAD 3.23 billion ($325 million), a 16.9% rise from the previous year.
Investment revenues grew by 24.1% to reach MAD 4.94 billion ($500 million), while expenses expanded by 40.4% to MAD 1.7 billion ($170 million).
Moroccan direct investments abroad saw a notable shift, with net flows reaching MAD 723 million ($73 million), a sharp improvement from the negative balance of MAD 89 million ($9 million) recorded in January 2024.
Revenues from these investments edged up by 1.7% to MAD 1.5 billion ($150 million), while expenditures surged by nearly 60% to MAD 2.23 billion ($225 million).
These figures show the ongoing financial exchanges between Morocco and the global economy, which are shaped by remittances, foreign investments, and the growing presence of Moroccan capital abroad.
In 2024, these remittances reached over MAD 117.7 billion ($11.7 billion), representing an uptick of 2.1% compared to 2023.
Source: Morocco word news
