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Keywords: Diaspora remittances
Morocco and France are advancing toward a landmark agreement to protect Moroccan banks operating within Europe from the stringent effects of the European Union’s Capital Requirements Directive VI (CRD VI). The directive, a key part of the EU’s efforts to tighten financial regulations, limits......
Remittances from the Moroccan diaspora dropped by 3.7% by the end of April 2025 compared to the same period in 2024, according to the latest data from the Exchange Office. The total volume of funds sent home fell from MAD 37.27 billion ($4 billion) to MAD 35.9 billion ($3.88 billion), marking a decrease......
Remittances from Morocco's diaspora reached MAD 117.7 billion ($11.7 billion) in 2024, marking a 2.1% increase from the previous year's MAD 115.26 billion ($11.4 billion), according to data from the Moroccan Exchange Office. The significant financial inflow maintains Morocco's position as......
Morocco's expatriate community continues to make substantial contributions to the national economy, with diaspora remittances reaching MAD 108.67 billion ($10.7 billion) by November 2024, according to recent data from Morocco's Office of Foreign Exchange. This represents a 2.8% increase compared......
In a significant move to bolster economic ties and financial flows within the continent, Morocco has called for a multilateral approach aimed at increasing remittances from the African diaspora. This initiative underscores the vital role that remittances play in the economic stability and development......
