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Remittances from Moroccans residing abroad increase by 2.4%

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Remittances from Moroccans residing abroad increase by 2.4%
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Hespress ENTuesday 4 June 2024 – 18:19

The Exchange Office reported that remittances from Moroccans residing abroad amounted to 36.79 billion dirhams at the end of April 2024, compared to 35.95 billion dirhams in 2023.

In its latest report on the monthly indicators of foreign exchanges for April, the office explained that these transfers recorded an increase of 2.4 percent (845 million dirhams).

On the other hand, travel revenues amounted to 7.93 billion dirhams during April 2024, compared to 7.17 billion dirhams a year before that, recording an increase of 10.6 percent.

For the first four months of 2024, travel revenues remained almost stable, reaching 31.87 billion dirhams.

Travel expenses amounted to 2.22 billion dirhams during April 2024, compared to 2.40 billion dirhams a year before (minus 7.5 percent).

During the first four months of 2024, travel expenses amounted to 9.99 billion dirhams.

Exchange Office Moroccans living aborad Remittances

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