The decision of King Mohammed VI to set up a special device for the reception of Moroccans residing abroad in anticipation of the summer season is a “highly strategic” decision which will have several positive impacts on the Moroccan economy, according to Driss. Effina, economist, and Chairman of the Executive Board of the Independent Center for Strategic Analysis.
On the eve of the reopening of Morocco’s borders, King Mohammed VI urged all stakeholders in the tourism sector (hotels, maritime and air transport, consulates, etc.) to ensure that Moroccans residing in Morocco are welcomed under the best possible conditions. foreign.
A series of measures have been taken to lower the prices of plane and boat tickets for the Moroccan community established abroad, in particular for families, in order to facilitate their return to Morocco in a post-crisis context. covid-19 having had repercussions on the national economy and also on the economies of Moroccans from here and elsewhere.
Thanks to the royal decision, Moroccans living abroad (MRE) will be able to benefit from reduced prices for their stay in the country after one year without being able to see their families. This measure was greeted with joy within the Moroccan community which quickly took the ticket booking sites and travel agencies by storm. Between Sunday and Monday, more than 120,000 flight reservations to Morocco were recorded via Royal Air Maroc which mobilized 2.5 million seats for the summer season, until September 15.
“After a white tourist year, the MRE will return in large numbers to the country and will have a great impact, especially in the informal sector, in great difficulty since the pandemic,” Driss Effina told MoroccoLatestNews FR in an analysis of the scope of the decision. royal.
“MREs represent an important economic force for Morocco. We have 5 million Moroccans who work or reside abroad ”, he indicates, affirming that even for tax residents at the level of their country of residence, there is a significant contribution to the development of Morocco. “Through the transfers they make from one year to another”.
As such, Driss Effina, recalled that money transfers to families in Morocco have increased during the period of the coronavirus last year, “which shows that MRE are still in solidarity with their families on the territory. national ”.
A strategic decision
Regarding the royal decision to lower transport prices for Moroccans, “that’s a very smart decision,” said our interlocutor. “It is a real action that fits into the implementation of the new development model, which has insisted on this issue,” he said.
Moroccans living abroad who have not been able to return to the national territory for a year or more due to the covid-19 pandemic will win major promotional offers to encourage them to spend their summer holidays in the country, continues the economist, noting that this will allow the Moroccan economy to gain, thanks to an increase in currency transfer and more consumption.
“Overall, he believes, this decision came at the right time, it is a highly strategic decision. (…) MRE, as indicated in the report on the new development model, contribute at different levels, because it is a force of consumption, a force that can be found in several sectors, particularly tourism, ‘real estate, business creation, knowledge transfer, technology’.
While some people felt that the overall drop in prices for MREs was a loss for the national airline, Royal Air Maroc (RAM), Driss Effina believes that, on the contrary, RAM will gain on the exchange.
“When we do the math, we see that the RAM is counting on the State to compensate for the losses recorded during the covid-19 pandemic, and now it is the State which asks for a counterpart of this support which has been brought to this Moroccan company by applying preferential prices to MRE, ”he explained.
And to add that this option, had already been applied for many years in other countries, apart from covid-19, “they do what is called” dumping “in terms of price for their citizens so that ‘they repatriate them’.
Thanks to this measure, Royal Air Maroc will win by becoming more competitive, said the economist, adding that with such a measure, Moroccans will prefer to come to the kingdom via the RAM.
“We know that part of the Royal Air Maroc fleet is immobilized because of the coronavirus pandemic, but thanks to this measure, it will be able to be active again during the summer period”, adds the specialist in statistics and strategic studies.
“This return of Moroccans will stimulate different economic sectors, especially tourism, and we can return to 70% or 80% of the level before covid according to Driss Effina, who maintains that MRE represent almost 50% of customers in the industry. tourist in Morocco.