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FINANCIAL NEWS
Morocco’s trade deficit grows 10.1 percent in Jan-Feb
17 Mar 2016
(MENAFN) Morocco’s trade debt increase 10.1 percent to USD 2.17bn in the Jan-Feb period of 2016, due to higher imports, compared to a year earlier.
Moreover, the trade gap was up from USD 1.96bn at the end of Feb 2015, as equipment imports increased 14.4 percent to USD 1.53bn.
Additionally, whole exports increased 1.2 percent from a year earlier to USD 3.70bn, led by 10 percent grow in auto exports.
On the other hand, tourism receipts rise by 1.1 percent, whereas payments from the 4.5mn Moroccans living abroad were at USD 0.95bn.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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