New EU Banking Rules Put €11 Billion in Moroccan Remittances at Risk
6 Articles
6 Articles
Moroccans living abroad sent €11.3 billion to the country in 2025, destined for the vast majority to support consumption.
Share in GDP equals tourism, only behind the automotive industry
The remittances sent by the Moroccan diaspora are fundamental to the country’s economy and are currently under pressure from a new European regulation, as El Debate points out. In 2025, these shipments reached €11.3 billion, representing 7.5% of GDP. This proportion places this flow ahead of foreign direct investment and very close to tourism. This is relevant for a simple reason: it is not just a macroeconomic figure, but money that usually rea…
Migrants sent 11.3 billion in 2025 and Rabat negotiates with several European countries to protect this essential flow
Migrants living in the European Union send an average of 63 billion euros per year to their families in developing countries. This is, incidentally, a two-way street, as the remittances received by Belgium in 2025 amounted to approximately 16.35 billion US dollars according to the National Bank. These are actually the most recent figures from the World Bank, based on IMF balance of payments data. From Belgium, migrants sent 11.22 billion dollars…
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