Morocco’s Exchange Office has unveiled its 2026 General Instruction, introducing a sweeping package of regulatory easing measures designed to boost competitiveness for small businesses, startups, and foreign investors. Service exporters benefit from simplified procedures, with the ability to credit 15 percent of foreign contract values directly to their foreign currency accounts. Student allowances abroad now reach 15,000 dirhams monthly, while e-commerce allocations rise to 2 million dirhams annually for young companies. Exchange Office Director Driss Benchikh emphasized that the overhaul prioritizes regulatory clarity and digitalization, with the institution’s “Smart” platform already processing the majority of authorizations. The reforms arrive against a backdrop of strong macroeconomic performance in 2025, with foreign exchange reserves reaching 455 billion dirhams and foreign direct investment totaling 76 billion dirhams — underscoring Morocco’s growing appeal as an investment destination.
Source: The North Africa Journal February 22, 2026 23:54 UTC