As of the end of June 2022, Moroccans living abroad Moroccans residing abroad transferred 2.7 billion dirhams more than the same period in 2021, an increase of 6%.
The Nador West Med port complex has just benefited from additional financing of 57 million euros approved by the Board of Directors of the African Development Bank Group.
At the end of last January, Moroccans living abroad (MRE) transferred around 6.09 billion dirhams (MMDH) compared to more than 6.74 MMDH in 2021, according to the Office des Changes.
The National Social Security Fund (CNSS) is once again extending the monthly lump-sum allowance for the benefit of employees in the tourism sector, private nurseries, the cultural and creative industries sector, and private sports halls.
20.9 MMDH, this is the total of "MRE transfers" in the first quarter of 2021, compared to 14.73 MMDH in the first quarter of 2020. Several reasons explain this increase which exceeds 40%.
Despite the economic situation that the world is going through due to the health crisis, the money transfers made by Moroccans living abroad (MRE) are on the rise. This increase proves the solidarity shown by the Moroccan diaspora in order to maintain their pace of fund transfers.
Remittances from Moroccans living abroad (MRE), are of great importance for Moroccan households. They save many families each year by allowing them to meet their needs on all levels.
In the fight against the coronavirus pandemic, the European Union has been of great use to Morocco. Thus, the institution has mobilized about 5 billion dirhams to support the kingdom in managing the crisis and its effects on the economy.
After the actions taken so far in Morocco to fight the spread of the pandemic and maintain the economic fabric, the State risks finding itself very soon without funds. How to replenish the Covid-19 Fund in distress? This is the big question currently being asked by the authorities.
In 2020, the European Investment Bank (EIB) mobilized 617 million euros in financing for Morocco . This is almost double the EIB’s budget compared to 2019.
From January 2020 to January 2021, remittances made by Moroccans residing abroad (MREs) to Morocco climbed to nearly 5.9 billion dirhams, an increase of 8.8%.
If Morocco is ready to host a vaccine production unit that will be dedicated to Africa, it can count on the financial contribution of Brussels. This is what one of the spokespersons for the European Commission indicated on Thursday.