Fund Transfers by Moroccan Expatriates: Context, Evolution and Prospects for Capacity-building

Migration issues are of central concern for both home and host countries. They affect several dimensions, namely, economic, social, cultural and even security. In fact, emigrant remittances take on significant importance in the lives of the people who receive the funds and constitute a major source of financing of recipient economies and a lever of economic and social development. They reduce chronic balance of payment deficits by influencing foreign currency needs, in a context of periodic tensions and financial stability in home countries. Moreover, in several southern countries, these transfers have greatly helped meet the needs of families staying in the country, allowing large segments of the population, generally underprivileged, to  \get out of vulnerable, precarious situations. In other cases, these transfers have even promoted investment in economic activities, thereby creating job opportunities, even on a more or less reduced scale, and generating additional revenues. [Arabic Version]