Morocco's Trade Deficit Widens 2.4% Year on Year in JanSource: www.export-egypt.com 10/7/2019, Location: Africa |
|
|
|
Morocco’s trade deficit widened by 2.4% to 140 billion dirhams ($14.5 billion) in the first eight months of 2019 compared with the same period last year, the country’s foreign exchange regulator said in figures published on its website.
Imports rose 2.9% to 328 billion dirhams, while exports, composed mainly of agricultural products, cars and phosphates, stood at 188 billion dirhams, up 3.2%. Remittances from Moroccans living abroad, key to Morocco’s hard currency flow, dropped 1.3% to 44.6 billion dirhams, while foreign direct investment fell 30.4% to 12.3 billion dirhams, the regulator said. |
|
Financials and Investment News in Morocco >> |
Egypt >> 9/19/2024 - Egypt is having a special participation at the IFTM-Top Resa exhibition, which lasts until Sept.19 in Paris.
Egypt’s pavilion has more than... |
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
Egypt >> 9/18/2024 - Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.
E... |
Egypt >> 9/18/2024 - The British company Globeleq is set to collaborate with the Egyptian government in establishing a substantial project for green hydrogen production, a...
|
Egypt >> 9/18/2024 - Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar asserted the importance of cooperating with South Africa in the field...
|
Morocco Oil & Gas 1 >> |