The flow of Foreign Direct Investments (FDI) in Morocco reached nearly two billion dollars (18.18 billion dirhams) at the end of December 2019, against $3.6 billion (34.16 billion DH) a year earlier, representing a 46.8-percent decrease, the Exchange Office reports here.
This result is mainly due to the drop in FDI receipts of 29.3% percent, combined with an increase in expenses of 15.8 percent, explains the Office which has just released the indicators of foreign trade in December.
As for the flows of direct investments of Moroccans living abroad, they posted an increase to reach $982 million (9.33 billion DH), the same source explains.
As for the remittances made by Moroccans residing abroad, they recorded stability at the end of December 2019 at $6.8 billion (64.87 billion DH).
For their part, travel receipts reached 78.65 billion DH at the end of December 2019, against 73.03 billion DH ($1r = 9.5 DH) last year, an increase of 7.7 percent, while travel spending increased by 11 percent in 2019.
HA/fss/abj/APA