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FinancialNews
03-12-19
Trade deficit in Morocco to grow
(MENAFN) According to the foreign exchange regulator, Morocco's trade shortage grew by 3.1 percent in October yearly.
The report said that, Morocco's trade gap arrived at USD 17.8 billion by the end of October and the coverage rate of imports by exports stayed steady at 57.5 percent.
The imports valued to USD 41.7 billion, while the exports increased to USD 23.9 billion.
Foreign Direct Investments in Morocco dropped by 50.9 percent by the end of October to USD 1.59 billion against USD 3.1 billion a year ago, as said in the report.
MENAFN0312201900450000ID1099361217
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