Morocco : Foreign direct investment increased by 20% during the first half of 2017

The flow of foreign direct investment (FDI) in Morocco reached MAD 14.9 billion (MMDH) in the first semester of 2017, compared to 12.4 MADD a year earlier, an increase of 20.1%, according to the Exchange Office.

This result can be attributed to an increase in FDI receipts of MAD 125 million (MAD) and a decrease in expenditure of MAD 2.3 million at the end of June 2017, explains the Foreign Exchange Office in a statement on the preliminary indicators of external trade in June 2017.

Moroccans residing abroad (MRA) contribution was almost stable amounting from 29.37 MMDH to 29.32 MMDH for the first six months of 2017.

In the case of the Balance Travel, it shows a surplus of 18.43 MMDH at the end of June 2017 against 19.93 MMDH during the same period of 2016, a decline of 7.5%.

This was due to stable income at 26.28 MMDH, as well as higher spending (+1.3 MMDH).