Foreign Direct Investments flows in Morocco reached 7.22 billion dirhams ($768 million) at the end of August, according to the Bureau of Exchange (Government Agency in charge of controlling and regulating currency exchange and movements across the Moroccan border).
These flows witnessed an increase by 28.8 percent from January to August, as a result of the Moroccan Investments expansion in Africa.
On the other hand, the volume of Foreign Direct Investment inflows decreased by 7.3% and reached 21.8 billion dirhams ($2.32 billion) during this period, causing a decrease in FDI net inflow to 14.6 billion dirhams ($1.55 billion), or 18.6 percent down from the same period last year.
Notwithstanding, the statistics of the Bureau of Exchange revealed an increase in the trade deficit of Morocco by 10.1% during this period, due to an increase in imports at a higher value than the increase in exports.
Source (Al-Sharq Al-Awsat newspaper, Edited)
