The flow of foreign direct investment (FDI) reached 3.43 billion dirhams (billion dirhams) in late February 2015, against 4.04 billion dirhams a year earlier, a decrease of 15.2 per cent, according to the Exchange Office.
This result is attributable to the decline in revenues (-13.9 pc), greater than that of expenditures (-8.9 pc), according to the Office’s preliminary indicators of foreign trade in February 2015.
Furthermore, revenues of Moroccans living abroad (MRE) had an improvement of 6.9 pc, reaching 9.48 billion dirhams at the end of February 2015, against 8.86 billion dirhams in the same period of 2014.
Balance trips a surplus of 5.35 billion dirhams against 6.17 billion dirhams at the end of February 2014, down 8.2 pc, the source added.
Travel revenues recorded a decline of 8.2 pc, while expenses increased by 9.2 pc. MM