The net flow of Foreign Direct Investments (FDI) reached 3.325 billion dirhams at the end of the first three months of 2021, against 4.871 billion dirhams a year earlier, a decline of 31.7%, indicates the Foreign Exchange Office.
This result is explained by a drop in FDI income of 10.6% from 7.068 billion dirhams to 6.322 billion dirhams, combined with an increase in expenditure of 36.4%, according to the monthly external trade indicators of the Office for the month of March 2021.
As for the net flow of Moroccan Direct Investments Abroad, it increased by 102 million dirhams totaling 1.544 billion dirhams at the end of March 2021 against 1.442 billion dirhams a year earlier.
The Foreign Exchange Office also reports that Moroccan direct investments abroad have almost doubled (+2.573 billion dirhams) reaching 5.324 billion dirhams at the end of March 2021 against 2.751 billion dirhams at the end of March 2020.
In parallel, the disposals of these investments increased by 2.471 billion dirhams, underlines the same source.