The current account deficit widened by 15.7 billion in 2021

The current account deficit widened by 15.7 billion in 2021, standing at 29.1 billion DH, according to figures relating to the results of the balance of payments published by the Foreign Exchange Office under from last year. This development is explained, on the one hand, by the increase in the deficits recorded in respect of trade in goods and primary income up to 31.4 billion DH and 6.6 billion respectively and, on the other hand , by the decrease in the surplus of the section of services from 63.6 billion DH to 62.4 billion”, indicates the Office.

These developments were partly offset by the improvement in the secondary income surplus of 23.5 billion, he added. These figures show that the volume of current transactions reached 1,111.3 billion, up 21.6% under the combined effect of the increase in current receipts (+91 billion) and current expenditure (+106.7 billion).




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