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Home > Economy > IMF Chief Commends Morocco’s Economic, Social Progress Under King Mohammed VI

IMF Chief Commends Morocco’s Economic, Social Progress Under King Mohammed VI

Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has lauded Morocco for its remarkable economic and social advancements under the leadership of King Mohammed VI.

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Jul, 29, 2024
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IMF Chief Commends Morocco’s Economic, Social Progress Under King Mohammed VI

IMF Chief Commends Morocco’s Economic, Social Progress Under King Mohammed VI

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Rabat – Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has lauded Morocco for its remarkable economic and social advancements under the leadership of King Mohammed VI. 

Her remarks came on the occasion of the Throne Day anniversary, a national celebration marking the accession of the king.

Georgieva highlighted the transformative journey of the Moroccan economy since King Mohammed VI ascended to the throne. 

She noted that the nation has developed into a “modern and highly competitive” economy, characterized by steady growth and significant improvements in the living standards of its citizens. 

According to Georgieva, Morocco’s progress is a testament to the effective policies and strategic vision implemented by the king.

“I commend the significant progress that Morocco has achieved under the leadership of His Majesty King Mohammed VI,” Georgieva stated. “The Moroccan economy is not only modern but also highly competitive, demonstrating continuous growth and tangible improvements in the quality of life for the Moroccan people.”

The IMF chief’s praise extends beyond economic metrics. Georgieva expressed her admiration for Morocco’s cultural richness and its developmental strides, which she witnessed firsthand during the 2023 Annual Meetings of the World Bank and the International Monetary Fund held in Marrakesh. 

“I was delighted to experience the remarkable blend of Morocco’s rich history and rapid development,” she said. “The warmth of the Moroccan people and the leadership of His Majesty the King left a lasting impression on me.”

Georgieva also emphasized the robust partnership between the IMF and Morocco, reflecting the mutual respect and cooperation that have defined their relationship. She conveyed her wishes for continued happiness and prosperity for King Mohammed VI and the Moroccan people.

“On this special occasion, I extend my heartfelt wishes to His Majesty the King and the Moroccan people for sustained happiness and prosperity,” Georgieva added.

The Throne Day celebration is a landmark event in Morocco. It commemorates the day King Mohammed VI ascended to the throne on July 30, 1999. 

Read Also: IMF: Morocco to Record 3.1% Growth in 2024 Despite Inflationary Headwinds

Tags: IMFIMF ChiefKing Mohammed VI
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