Ahmad 
The city of Fez witnessed the organization of a symposium entitled “Investments of Moroccans Residing Abroad: Opportunities and Prospects”, where the speakers emphasized the vital role played by the Moroccan community residing abroad in supporting the national economy.
In a speech delivered on his behalf by Amjad Kiti, Director of the Economic Payment and Territorial Offering Pole at the Regional Investment Center in Fez-Meknes, Yassin Tazi, Director of the Center, explained that the remittances of the Moroccan community reached a record level in 2023, reaching 115.3 billion dirhams, which reflects the importance of this community as a driving force for investment in vital sectors such as agriculture, traditional industry, rural tourism, and services.
For his part, the Wali of the Fez-Meknes region, Said Zniber, stressed, through a speech delivered on his behalf by the Secretary General of Regional Affairs in the Fez-Meknes region, Idriss Benazouz, that the investments of Moroccans abroad contribute significantly to strengthening economic and social development, noting that Morocco is in dire need of supporting the skills of its sons abroad.
The Vice President of the Fez-Meknes Regional Council, Halima Zoumi, touched on the efforts made by the Council to improve the business climate in the region, explaining that the Fez-Meknes Regional Development Program 2022-2027, which has been allocated a financial envelope estimated at 29 billion dirhams, will contribute to enhancing the attractiveness of the region as a leading investment destination.
The symposium, which was organized on the occasion of the National Day of the Immigrant, provided an important platform for exchanging ideas on enhancing the investments of the Moroccan community abroad, with a focus on the opportunities and challenges they face, with the aim of providing the necessary support and stimulating investments in the region.
The number of Moroccan expatriates abroad reaches about five million, as the Moroccan Exchange Office, in charge of recording trade and economic exchanges with abroad, announced that foreign transfers to the country amounted to about 46.3 billion dirhams ($4.63 billion) during the first five months of this year, up from 45.2 billion dirhams ($4.52 billion) a year ago.
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