MREMRE: transfers exceed 6 billion dirhams in January 2022

MRE: transfers exceed 6 billion dirhams in January 2022

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These receipts, which are down by 9.7%, nevertheless remain higher than those recorded during the same month between 2018 and 2020, specifies the Office des Changes which has just published its monthly indicators of foreign trade for the month of January 2022.

In addition, the balance of trade in services shows a surplus down 37.7%, notes the same source, noting that this decline follows a drop in exports (-18.3%) greater than that of imports ( -3.4%).

For their part, travel receipts continue to fall for the second consecutive year, reaching 1.06 billion dirhams at the end of January 2022, a decline of 58.6% compared to the end of January 2021 and 84.3% compared to the same month. of the year 2020. Expenses, for their part, only fell by 12.6%.

The balance of travel, the main component of trade in services, stood at +375 million dirhams (MDH) at the end of January 2022 against +1.77 billion dirhams at the end of January 2021 and +4.91 billion dirhams at the end of January 2020.

The Moroccan Blog
The Moroccan Blog
The Moroccan Blog is an English based newsblog dedicated to Morocco. You can find here all news from Morocco across a variety of topics: Arts & Culture, Economy & Business, Lifestyle, Moroccan Sahara, MRE, Society, Tourism & Travel and more.

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