Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, stated on June 17, that Morocco, the bridge between Africa, the Middle East, and Europe, is the perfect place for hosting the upcoming annual meetings of the World Bank (WB) Group and International Monetary Fund (IMF).
“Thrilled to be back in Morocco, a country that bridges Africa, the Middle East and Europe, the perfect place for our Annual Meetings,” wrote Georgieva, who is on an official visit to the Kingdom, in a tweet.
In a video in front of the Chellah ramparts in Rabat, the IMF Managing Director noted that in four months, the international financial community would gather in Marrakech for the annual meetings of the two international institutions, scheduled to take place between October 9 and 15.
“I cannot think of a better place. Morocco, a country that bridges Africa, the Middle East, and Europe and a place where ideas flourish, is a country with rich culture, great traditions, strong and vibrant economy but above all a country of wonderful people,” said Georgieva in the video.
The annual meetings of the International Monetary Fund (IMF) and World Bank (WB) bring together central bank governors, finance ministers, academia representatives, business leaders, parliamentarians, and members of civil society to discuss policy issues, including global economic prospects, financial stability, poverty, inclusive economic growth, job generation, and climate change.
This year’s edition in Marrakech, a first in the Arab world, marks the return of these meetings to Africa following those held for the first time in Nairobi, Kenya, fifty years ago.
For senior officials from the International Monetary Fund (IMF) and the World Bank (WB), these meetings will highlight the significant role that Morocco plays in the international community, providing the ideal space for discussing the challenges facing the region and the world at a crucial time in the global economy.
Almost 14.000 delegates from 189 member countries of the International Monetary Fund (IMF) and the World Bank (WB) are expected to attend this huge event, which takes place mainly in Washington and, every three years, in a member country other than the US.