World Bank-IMF Annual Meetings: AfDB Country Manager in Morocco Hails Kingdom’s Excellent Organization

Country Manager of the African Development Bank (AfDB) in Morocco, Achraf Tarsim, praised the Kingdom’s excellent organization of the Annual Meetings of the World Bank Group and the International Monetary Fund (IMF).

In a statement to Maghreb Arabe Presse (MAP) on the sidelines of the Annual Meetings, Tarsim stressed that “all participants were impressed by the quality of the organization and the Moroccan people’s heartwarming hospitality.

“Morocco’s attractiveness is, today, a reality and a source of inspiration for several other African countries,” stressed the official, adding that over the past 20 years, Morocco has succeeded in combining the rather difficult equation of investing in infrastructure, putting people at the center of intervention while maintaining budgetary discipline.

The Country Manager also affirmed that the return of the Annual Meetings of the World Bank Group and IMF to Africa is both natural and significant for Morocco, which is demonstrating to other African countries that, with a clear vision and the necessary resources, achieving emergence can be a reality.

“We believe that Africa is the land of the future, despite the constraints and challenges the continent faces, particularly in terms of access to energy, food security, and youth unemployment,” stressed Tarsim, underlining that the continent is the land of youth and potential in terms of agriculture and renewable energy.

The official further noted that “this is a very important sign, which was recalled in the message addressed by His Majesty King Mohammed VI to the participants in these meetings.”

The World Bank-IMF Annual Meetings, which returned to African soil 50 years following their holding in Nairobi, Kenya, provide an opportunity for the world’s economic and financial elite to debate major issues relating particularly to financing policies, economic growth, and climate change.

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