In its latest monthly report on foreign trade indicators, the Foreign Exchange Office said remittances from Moroccans living abroad increased by 9.9% year-on-year.
The report also showed a positive travel balance of MAD 48.8 billion, an increase of 20.6%.
The surplus was driven by a 15.9% increase in travel receipts, which reached MAD 64.89 billion, outpacing the 3.6% rise in travel expenditures, which totaled MAD 16.09 billion.
Net foreign direct investment inflows also increased, rising 31.5% to MAD 26.16 billion.
Investment receipts grew by 14.4%, while expenditures declined by 20.5%.
Meanwhile, net Moroccan direct investment abroad remained positive at MAD 5.711 billion.
