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Expatriates remittances rise by 2.4% by end of july, 2003
Morocco, Economics, 9/3/2003

Remittances of Moroccan expatriates reached 18.8 billion dirhams (nearly 1.8 billion dollars) by end of July 2003, in comparison with 18.4 billion dirhams last year, i.e. a 2.4% rise, according to the exchange office's latest figures

Expatriates' remittances scored a 36.5% increase as compared to the average figures of the same period of the years 1998/2002, which amount to 13.8 billion dirhams (some $1.4 billion).

Previous Stories:
  No drop of foreign tourists in Morocco after may 16 terrorist attacks   (9/2/2003)
  Foreign loans and investments drop, expats' remittances up in 1st quarter of 2003   (6/10/2003)
  Morocco registers 68.8 % increase in trade deficit in first quarter   (5/14/2003)

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