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Keywords: Remittances
Morocco’s official foreign exchange reserves are expected to continue rising through 2026 and 2027, even as the country’s merchandise trade deficit widens under the pressure of higher energy costs and strong investment-related imports. Bank Al-Maghrib forecasts that official reserve assets......
Morocco’s merchandise trade deficit expanded significantly in 2025, reaching approximately 352 billion dirhams ($37.5 billion), equivalent to around 21% of gross domestic product, according to figures cited in a recent report by the French Treasury Directorate published on September 10. The deficit......
Remittances sent by Moroccans living abroad continued to grow during the first seven months of 2026, providing an important source of foreign currency for the Moroccan economy. According to the latest figures released by Morocco’s Foreign Exchange Office, transfers from Moroccans residing abroad......
Morocco recorded a strong increase in remittances from its citizens living abroad during the first half of 2026, underlining the continued importance of the Moroccan diaspora to the country's economy. The latest official figures show that money transfers from Moroccans residing overseas remained......
Bank of Africa has launched its MCM 2026 campaign, an initiative designed to strengthen its support for Moroccans living abroad by providing tailored banking services, investment opportunities, and personalized assistance before, during, and after their visits to Morocco. Built around the slogan "Wherever......
Egypt’s current account deficit widened sharply in the first quarter of the year, more than doubling compared with the same period in 2025, according to data released by the Central Bank of Egypt. The deficit reached $5.1 billion during the January-March quarter, compared with $2.3 billion a year......
Morocco convened one hundred and forty-five members of its diaspora in Tangier for a high level forum focused on investment and engagement. Government officials and senior representatives attended, including ministers and the head of government. The discussions brought together entrepreneurs, investors,......
Remittances from Moroccans living abroad reached MAD 39.98 billion, about $4 billion, by the end of April 2026. The figure marks a 9.8% increase compared with MAD 36.43 billion recorded during the same period in 2025. The rise adds MAD 3.55 billion in additional inflows over one year. It reflects stronger......
Mehdi Tazi, newly appointed president of the General Confederation of Moroccan Enterprises, called for a major shift in how Morocco’s diaspora engages with the national economy during an investment forum in Tangier. He urged a move away from traditional family remittances toward structured productive......