Foreign Direct Investment (FDI) increased by 37.7% at the end of November, according to the updated data of the Exchange Office “Office des Changes”.
In total, Morocco captured 31.8 billion MAD against 23.2 billion MAD a year earlier. This increase is explained by an increase in revenues (12.7 billion dirhams) higher than those of expenditures (4.1 billion dirhams).
By contrast, Moroccan direct investment in foreign countries fell sharply, from 9.3 billion MAD at the end of November 2017 to 5.1 billion MAD. This decline is explained by the decrease in Moroccan direct investment abroad (-40.1%), which is greater than the decline in sales of Moroccan direct investment abroad (-18.2%).
It should be noted that MRE remittances fell by 1 billion MAD to 59.7 billion (-1.6%).