Morocco's Net Foreign Direct Investment flows reached 31.82 billion dirhams ($3.35 billion) at the end of November, registering an increase of 36.7 percent compared to the same period of the previous year.

Meanwhile, FDI inflows to Morocco during the period increased by 37.6 percent to reach 42 billion dirhams ($4.4 billion), whereas FDI outflows rose by 40.5 percent attaining 10.2 billion dirhams ($1.07 billion) at the end of November.

This increase in value of FDIs contributed to Morocco's external deficit during this period, which was exacerbated by a worsening trade balance deficit of 7.7 percent, in addition to a 1.7 percent decline in remittances and a 1.8 percent decline in tourism receipts.

Source: (Al-Shark Al-Awsat Newspaper, Edited)