Remittances from Moroccans living abroad reached around 65.97 billion dirhams ($ 6.46 billion) in the first seven months of 2023, according to the Exchange Office.The figure represents a 10% increase compared to the the same period of 2022, the Office…
Sales in the automotive sector reached almost 82.02 billion dirhams at the end of July 2023, up 37.4% on the same period a year earlier, according to Morocco’s Exchange Office. This development follows higher sales in all segments of the sector, namel…
Morocco’s trade deficit stood at over 169.47 billion dirhams at the end of July 2023, down 6.5% on the same period a year earlier, according to the Exchange Office. Imports fell by 2.3% to more than 419.61 billion dirhams, while exports rose by 0.8% t…
In compliance with High Royal Instructions, Abdeltif Loudyi, Minister Delegate to the Head of the Government in charge of the National Defense Administration, received a delegation of U.S. Congressmen at the headquarters of the Administration on Frida…