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FDI: Decrease in the first two months of 2019

The flow of foreign direct investment (FDI) to Morocco amounted to nearly 320 million US dollars (3.1 billion Moroccan dirhams) in the first two months of 2019, compared to 450 million dollars (MAD 4,351 billion) for the same period of 2018, a decrease of 28.8%, according to the Moroccan Exchange Office.

This result is explained by the decline in FDI receipts of 24.3% at the end of February 2019 compared to the end of February 2018, more important than the decrease in expenditure of 14.3%, explains the Exchange Office in a note on its monthly indicators of foreign trade last February.

On the other hand, the flow of Moroccan direct investments abroad posted, for the first two months of 2019, an increase of 39.4% to reach 2.15 billion dirhams (about 221, $ 6 million) against 1.542 billion dirhams (about $ 159 million) for the same period in 2018, says the same source.

The note also shows that remittances by Moroccans residing abroad fell by 6.4 percent to about ten billion dirhams at the end of February 2019, compared to about 10.6 billion dirhams for the same period of the year 2018.

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