Expatriate Moroccans Transfer Home $2.2b in 2000

Published March 24th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

Moroccan nationals living abroad transferred a record of 2.2 billion US dollars to Rabat last year, the Moroccan Exchange Office said in a statement, cited by Pan Africa News Agency (PANA). 

Compared to the average since 1995, which stood at 1.84 billion dollars, the figure for 2000 marks a 20 percent increase, the office said, adding that the trend is expected to continue in 2001 depending on improved economic situation in host countries – Albawaba.com 

 

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