The overall external position, which reflects the asset situation of the Moroccan economy vis-à-vis the rest of the world, shows a net debt situation of 796.5 billion dirhams (billion dirhams) at the end of June 2024, compared to -798. 8 billion dirhams at the end of March 2024, according to the Foreign Exchange Office.
This quasi-stability results from the simultaneous increase in outstanding financial commitments (+6.2 billion dirhams) and financial assets (+8.5 billion dirhams), explains the Office in a press release on the results of foreign trade at the end of June 2024 , taken over by the MAP agency.
The increase in financial commitments is mainly explained by the increase in outstanding portfolio investments (+5 billion dirhams) and direct investments (+1.6 billion dirhams), specifies the same source.
As for financial assets, their increase is attributable to the increase of MAD 7.7 billion in outstandings of the component “other investments” and 4.2 billion dirhams in reserve assets, mitigated by the drop in outstanding portfolio investments (-2.5 billion dirhams) and, to a lesser extent, direct investments (-1 billion dirhams).
Related News :