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FinancialNews


  • 04-01-20

    Morocco attracts nearly USD1.8 billion of foreign direct investment

    (MENAFN) According to a report by Morocco's foreign exchange regulator, in the first 11 months of 2019, Morocco attracted almost USD1.8 billion of foreign direct investment (FDI) down 46.1 percent yearly.


    Remittances made by Moroccans living abroad stayed stable at USD6.28 billion, next to USD6.3 billion in the same period in 2018.


    Statistics showed that, by the end of November, Morocco's trade deficit grew by 2.3 percent to USD20.18 billion which was driven by a 3.3 percent climb in imports.


    Morocco's exports grew by 3.4 percent to about USD27.2 billion.

    MENAFN0401202000450000ID1099505972

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