Only 10 per cent of remittances go towards investment in Morocco

News published on Nov 7, 2022 @ 9:50 am

Only 10% of money transferred to Morocco has gone to investment in 2021, Minister Delegate of Investments, Convergence and Evaluation of Public Policies Mohcine Jazouli.

Only 2% went towards “productive investments,” the minister pointed out, promising to remedy the issue.

The Moroccan government is working on the development of a new roadmap aiming to improve the business climate, a condition without which the facilitation of investments and entrepreneurship could not be, said Jazouli.

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