Morocco is “the ideal place” for the holding of IMF-WB Annual Meetings

Morocco, a country at the crossroads between Africa, the Middle East and Europe, is “the ideal place” for the holding of the next Annual Meetings of the International Monetary Fund (IMF) and the World Bank (WB), said IMF Managing Director Kristalina Georgieva.

In a video posted on Twitter, the boss of the IMF said she was “proud to return to Morocco, a country at the crossroads between Africa, the Middle East and Europe. The ideal place for our annual meetings, scheduled for October 9 to 15 in Marrakech.

Kristalina Georgieva accompanied this video recorded in front of the ramparts of Chellah in Rabat, where she is on an official visit, with a tweet, followed by the hashtag #Marrakech 2023.

She recalled in particular that in four months, the international financial community will meet in the ocher city for the annual meetings of the two international institutions.

“I can’t think of a better place. Morocco is a country that connects Africa to the Middle East and Europe, a crossroads. A place where ideas flourish. A country with a rich culture, great traditions, a strong and dynamic economy, but above all a country blessed with wonderful people,” added the DG of the IMF in this capsule which has already accumulated thousands of views a few hours. after it is posted.

These meetings bring together central bank governors, finance ministers, representatives of academia, business leaders, parliamentarians, members of civil society organizations, and journalists for a week to discuss policy issues. scope, including global economic prospects, financial stability, poverty eradication, inclusive economic growth and job creation, in addition to climate change.

The Marrakech edition, a first in the Arab world, marks the return of these assemblies to Africa after those held for the first time in Nairobi, Kenya, 50 years ago.

For the senior officials of the IMF and the WB, these meetings will highlight the important role played by Morocco vis-à-vis the international community, by offering the appropriate framework for discussing the challenges facing the region and the world at a crucial moment in the global economy.

Nearly 14,000 delegates from 189 member countries of these two institutions are expected to attend this major meeting, which is held mainly in Washington and, every three years, in a member country other than the United States. .