World Bank and International Monetary Fund meetings in Marrakesh and institutional confidence in Morocco – Day 24

The holding of the annual meetings of the International Monetary Fund and the World Bank, in Marrakesh, between October 9 and 15, was a prominent event not only in Morocco but in the world.

These meetings were held despite the earthquake occurring in the Al Haouz region, which had not been one month old. However, the meetings in the city of Marrakesh, which suffered from the aftershocks of the earthquake, were not cancelled.

Experts from the World Bank and the International Monetary Fund worked in coordination with the Moroccan authorities to develop an assessment of Morocco’s ability to host the annual meetings. The senior management of the World Bank, the International Monetary Fund, and the Moroccan authorities decided to proceed with holding these meetings without fear, and the authorities mobilized all capabilities to properly organize these important meetings.

Thus, Marrakesh turned into a pilgrimage destination for more than 14,000 high-level participants, including finance ministers and central bank governors in 189 countries, in addition to representatives of civil society and the private sector.

The meeting agenda included several topics, such as financial inclusion and digitalization, sustainable development, reforms of international financial institutions, entrepreneurship and innovation, social safety nets, and tolerance and coexistence.

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