In December 2018, IMF and WBG decided to hold their annual meetings for 2021 in Marrakech.
Rabat – On Friday, high representative of the World Bank Group (WBG) and the International Monetary Fund (IMF) concluded their official trip to Morocco to prepare for their annual meetings which will take place in Marrakech in October 2021.
The representatives of the international institutions metwith several Moroccan senior officials during their two-day visit in Morocco, including Morocco’s Head of Government Saad Eddine El Othmani and Minister of Finance and Economy Mohammed Benachaaboun.
Vice President of the World Bank and Corporate Secretary Yvonne Tsikata said that the group and Morocco’s officials had “very productive conversations.”
“We are impressed with the kingdom’s plans to highlight the vibrant city of Marrakech, Morocco’s deep history and the country’s bright future.”
Marrakech, also known as the red city, has hosted several international symposiums and events. The latest big event was the intergovernmental meeting on migration in December 2018, which marked the attendance of hundreds of renowned senior officials and world leaders.
Speaking of their partnership with Morocco, Secretary of IMF Lin Jianhai said that “working together over the next three years, our shared goal is to bring the world to Morocco and the region, and bring Morocco and the region to the world.
Traditionally, annual meetings are held for two years in a row at the headquarters of the institutions in Washington D.C and every third year in another member’s country, according to the World Bank.
The year 2021 will mark the anniversary of Morocco’s membership with both institutions.
El Othmani said that Morocco has the logistical and human resources and the expertise necessary to ensure the success of the symposium.
According to the World Bank, the high representative of the institutions “reiterated their commitment to partnership and close cooperation to ensure the success of the Meetings—for Morocco, the region, and the world.”
The last annual meetings of the two institutions took place in Bali, Indonesia.