WB-IMF Annual Meetings: IMF Managing Director Kristalina Georgieva Arrives in Marrakech

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, arrived in Marrakech on Friday afternoon leading an IMF delegation, to take part in the Annual Meetings of the World Bank Group and the IMF, scheduled for October 09-15.

Georgieva, who was greeted at Marrakech-Menara international airport by Minister of Economy & Finance, Nadia Fettah Alaoui, expressed her delight to be in Morocco to attend these meetings, describing Morocco as a “magnificent country” inhabited by a strong, resilient people.

“We are together here in Morocco to show our solidarity with this country that holds a special place in my heart,” she told the press.

Emphasizing the significance of the IMF/WB Annual Meetings, the economy and finance minister said “Morocco today welcomes the Gotha of world finance with the hospitality that is the hallmark of our country.” The WB-IMF Annual Meetings, which return to African soil after a 50-year absence, are an extremely important opportunity to address and discuss a number of major issues concerning the future of the world, she said.

“Morocco is honored to be hosting this major event, despite the earthquake that struck several regions of the Kingdom,” she stressed.

According to the organizers, this major event will bring together some 14,000 participants from the four corners of the globe, including some 4,500 representatives of the 189 delegations officially led by finance ministers and central bank governors.

The Meetings will provide an opportunity to discuss global economic issues, development challenges and financing policies against a backdrop of slowdown exacerbated by rising geopolitical tensions.

The WB/IMF Annual Meetings will feature side-events to discuss issues such as the energy crisis, climate change, migration, international cooperation, post-Covid recovery and global political and economic fragmentation.