The Office des Changes published, on January 3 rd, 2022, the new version of the General Instructions for Foreign Exchange Transactions, in force from January 3 rd, 2022.
The General Instruction of Foreign Exchange Operations 2022 brings important liberalization and easing measures both for Commercial and investment operations , thus consolidating the process of liberalizing foreign exchange regulations and consolidating the exchange regime convertibility.
The new Instruction introduces a set of measures aiming primarily to support economic operators, promote Moroccan exportations, give a strong impetus to the development of start-ups and finally ease access to foreign currencies.