The Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) are the major annual event of international finance and an opportunity to discuss the current situation in the world, the development and financing of economies and the fight against poverty and social inequalities.
This meeting is held every two consecutive years in Washington and, in the third year, in a third country. It brings together more than 14,000 personalities including the Ministers of Finance and the Governors of the Central Banks of 189 member countries of these institutions as well as representatives of the private sector, NGOs and academia.
The Kingdom of Morocco was officially designated to host the 2021 Annual Meetings of the WBG and IMF, following a lengthy process of evaluating initial nominations from 13 countries.
This appointment, the second one for the African Continent since 1973, coincides with the 60th anniversary of our country's accession to these two institutions on April 25th, 1958, and confirms the confidence of the WBG and the IMF in our country's ability to successfully organize world-class events. It also reflects the support of these two important institutions to the economic policies and to the structural reforms undertaken by Morocco under the enlightened leadership of His Majesty King Mohamed VI, may God assist him.
The 2021 edition, to be held in Marrakech, will be an opportunity to present the structural reforms of Morocco as well as the various progress achieved by our country and to debate and exchange with international decision-makers and experts on ways to promote international and regional cooperation.
It should be noted that Mr. Mohamed BOUSSAID, the Minister of Economy and Finance, led an important delegation to Washington on 13th and 14th March to promote the candidacy of the Kingdom of Morocco, and had, on that occasion, a series of meetings with the Executive Directors and senior officials of the WB Group and the IMF.