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    Morocco's FDI up 30 Percent in 2017, to $1.92 billion

    12 Oct 2017

    The flow of Foreign Direct Investments (FDI) in Morocco amounted to 18.1 billion dirhams ($1.92 billion) during the first eight months of 2017, against 13.9 billion dirhams ($1.47 billion) a year earlier, posting an increase of almost 30 percent (29.8%), the Moroccan Exchange Control Office said.

    The office also said that remittances of Moroccan expatriates grew in the same period by 2.7 percent to reach 44.1 billion Dirhams ($4.68 billion). Meanwhile, the travel balance posted a surplus of 35 billion dirhams ($3.71 billion), compared to 34.7 billion dirhams in August 2016 (an increase of 0.6 percent).

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