Morocco Qualifies to Host IMF-WB Conference in 2021 – Lagarde

Morocco Qualifies to Host IMF-WB Conference in 2021 – Lagarde

Morocco has an open economy that qualifies it host the IMF-World Bank Group conference in 2021 said IMF chief Christine Lagarde.

Speaking at the IMF-WB joint meetings in Bali, Lagarde lauded Morocco as a country that epitomizes “the convergence of the humanitarian values that unite us all.”

She added that Morocco offers an optimal venue given its “tolerance, openness, respect, generosity and hospitality,” the Moroccan news agency reported.

Morocco, which successfully hosted the UN climate conference COP22, will spare no effort to guarantee the 2021 IMF-WB meetings are held in best conditions, she added.

The Annual Meetings bring together central bankers, ministers of finance and development, private sector executives, civil society, media and academics to discuss issues of global concern, including the world economic outlook, global financial stability, poverty eradication, inclusive economic growth and job creation, climate change, and others.

The last time the Annual Meetings were held in Africa was in 1973, in Nairobi, Kenya.

The Annual Meetings are usually held for two consecutive years at the WBG and IMF headquarters in Washington, D.C. and every third year in another member country.

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