Moroccan diaspora remittances top 50 billion dirhams by May 2026

Remittances from Moroccans living abroad (MREs) exceeded 50.22 billion dirhams by the end of May 2026, up from 46.16 billion dirhams during the same period a year earlier, according to the Office des Changes.

In its latest monthly foreign trade bulletin, the Office reported that these transfers increased by 8.8% year-on-year.

The bulletin also showed that Morocco's travel balance posted a surplus of nearly 40 billion dirhams, marking a 19.4% increase compared with the same period last year.

The improvement was driven by stronger growth in travel receipts, which rose 14.6% to 53.76 billion dirhams, outpacing the increase in travel expenditure, which climbed 2.7% to 13.77 billion dirhams.