International
Info in pictures : Travel receipts pass the 44 Bn MAD mark
Driven by the momentum of the tourism sector and the continued growth of MRE transfers, Morocco is consolidating its foreign currency receipts during the first four months of 2026. Travel receipts show double-digit growth, while foreign direct investment slows.
Travel receipts reached 44.39 Bn MAD by the end of April 2026, up 21.2% year-on-year.
This increase confirms the strong momentum of tourism in Morocco.
Moroccans’ travel expenditures abroad rose by 5.4%, to 9.84 Bn MAD.
The travel balance therefore posted a surplus of 34.55 Bn MAD, up 26.7%.
Transfers from Moroccans residing abroad (MRE) continued their rise to reach 39.98 Bn MAD, an increase of 9.8% compared with 2025.
By contrast, the net flow of FDI fell by 10.1% to 11.65 Bn MAD.
Conversely, Moroccan direct investments abroad grew by 41.9%, reaching 3.46 Bn MAD.
Tourism revenues and MRE transfers remain the main drivers of the Kingdom’s foreign currency inflows.
