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FDI: Strong decline in late April

Morocco captured foreign direct investment (FDI) of 5.8 billion dirhams in the first four months of the year, compared to 7.6 billion dirhams previously, a drop of 23.3 percent, according to data from the Exchange Office.

This decline is explained by the decline in FDI revenues of 9.5% to MAD 10.6 billion, combined with the increase in expenditure of 15.6% (MAD 652 million), explains the Office in a note on its external trade indicators for April.

On the other hand, Moroccan Direct Investment Abroad continued its good momentum, posting growth of 70.6% to 3.3 billion dirhams. Foreign investment spending rose 56.1 percent to more than 4 billion dirhams, while receipts rose only 73 million dirhams.

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