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Rabat- The Institute of International Finance announced on Tuesday that it is still planning on holding its annual meeting in Marrakech from October 12-14, according to a report from Forbes Middle East.
The news comes days after the International Monetary Fund (IMF) and the World Bank (WB) said that they would also proceed with plans to hold their annual meeting in Marrakech despite the recent earthquake that hit central Morocco on September 8.
The IIF meeting is set to host central bankers, policymakers, and executives to discuss a wide range of issues, including global economic outlook, climate finance, and emerging market debt, the report indicates.
Commenting on the news, IIF President and CEO Tim Adams said that the annual meeting in Marrakech comes “at a time when our mission of fostering financial stability and sustainable growth is more critical than ever.”
“The global financial industry is the engine of economic growth and resilience,” Adams added. “And this year, our mission takes on an added layer of significance following the tragic earthquake in Morocco.”
To support earthquake relief efforts, the group chose World Central Kitchen as its charity for the meetings and said it will encourage donations to support their relief efforts in Morocco.
On September 8, Morocco was hit with its strongest earthquake in over 60 years. The earthquake left a trail of destruction, with nearly 3,000 casualties, and destroyed an estimated 60,000 homes in the Atlas mountains, affecting 2.8 million people.
The meetings organized by the IMF, World Bank, and IIF would attract over 10,000 delegates to Marrakech, the report explains.
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