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Keywords: Diaspora remittances


Moroccan diaspora's economic impact soars with $11.7 billion in remittances

Remittances from Morocco's diaspora reached MAD 117.7 billion ($11.7 billion) in 2024, marking a 2.1% increase from the previous year's MAD 115.26 billion ($11.4 billion), according to data from the Moroccan Exchange Office. The significant financial inflow maintains Morocco's position as......

Morocco's Diaspora Remittances Surge to $10.7 Billion, Strengthening Economic Ties

Morocco's expatriate community continues to make substantial contributions to the national economy, with diaspora remittances reaching MAD 108.67 billion ($10.7 billion) by November 2024, according to recent data from Morocco's Office of Foreign Exchange. This represents a 2.8% increase compared......

Morocco Advocates for Collaborative Strategies to Enhance African Diaspora Remittances

In a significant move to bolster economic ties and financial flows within the continent, Morocco has called for a multilateral approach aimed at increasing remittances from the African diaspora. This initiative underscores the vital role that remittances play in the economic stability and development......