Keywords: Remittances
Morocco convened one hundred and forty-five members of its diaspora in Tangier for a high level forum focused on investment and engagement. Government officials and senior representatives attended, including ministers and the head of government. The discussions brought together entrepreneurs, investors,......
Remittances from Moroccans living abroad reached MAD 39.98 billion, about $4 billion, by the end of April 2026. The figure marks a 9.8% increase compared with MAD 36.43 billion recorded during the same period in 2025. The rise adds MAD 3.55 billion in additional inflows over one year. It reflects stronger......
Mehdi Tazi, newly appointed president of the General Confederation of Moroccan Enterprises, called for a major shift in how Morocco’s diaspora engages with the national economy during an investment forum in Tangier. He urged a move away from traditional family remittances toward structured productive......
Head of Government Aziz Akhannouch opened the national forum on investment and Moroccans living abroad, held under the high patronage of His Majesty King Mohammed VI. The forum focused on a national strategy to transform diaspora remittances into productive investment that supports growth and job creation. The......
Remittances sent by Moroccans living abroad continued their upward trajectory in the first quarter of 2026, reaching 29.7 billion dirhams by the end of March, compared to 26.62 billion dirhams recorded during the same period in 2025. The figures, published by the Office des Changes, represent an annual......
Al Barid Bank and Taptap Send have established a strategic partnership to enhance international money transfer services to Morocco, offering a fast, secure, and cost-effective solution for the Moroccan diaspora. This collaboration enables Moroccans residing in Europe, North America, Australia, the United......
North Korean defectors in South Korea have long relied on clandestine networks to send money back home, helping their families survive in one of the world’s most isolated nations. For many, these remittances provide essential food and basic security, but recent crackdowns and legal restrictions......
Thunes, a global fintech leader, has introduced real-time money transfer services to Morocco, enabling users worldwide to send funds directly to Moroccan bank accounts in local currency, Moroccan dirhams. This new service ensures instant transactions, offering speed, transparency, and affordability for......
Moroccan diaspora remittances reached a historic high of MAD 119 billion ($12.8 billion) in 2024, reflecting a 3.3% increase from the previous year, according to Morocco’s Foreign Exchange Office. These financial inflows continue to play a critical role in Morocco’s economic strategy, contributing......
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