A Moroccan delegation led by Mrs. Nadia FETTAH, Minister of Economy and Finance, participated, April 10-16, 2023 in the Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), held in Washington.
As part of this annual meeting of the Bretton Woods institutions, the Minister of Economy and Finance took part in the meeting of the Development Committee of the World Bank during which she delivered a statement on behalf of the Moroccan group. On this occasion, Mrs. FETTAH stressed the importance of evolving the WBG's mission and vision, its operational model and its financing model to meet the growing financing needs of the institution's member countries.
The Minister of Economy and Finance also took part in several official meetings scheduled within the framework of the Spring Meetings, in particular the 2nd Meeting of Finance Ministers and Central Bank Governors of the G20. This also includes the meetings of the African Consultative Group with the President of the WBG and the Managing Director of the IMF, as well as the meeting of Finance Ministers, Central Bank Governors and Heads of Financial Institutions of the MENA region with the MD of the IMF.
Moreover, Mrs. FETTAH participated, as a speaker, in a high-level debate on the global economy, alongside Mrs. Kristalina Georgieva, Managing Director of the IMF and Mr. Joachim Nagel, President of the Federal Bank of Germany. In this context, the Minister highlighted the resilience of the Moroccan economy and the relevance of the reforms undertaken by our country, under the enlightened leadership of His Majesty the King, may God assist him, in the face of a succession of large-scale crises and unprecedented inflationary pressures.
The 2023 edition of the Spring Meetings was also marked by the organization of a series of cultural and artistic events celebrating the richness of the Moroccan civilizational heritage, within the framework of the communication actions around the organization in Morocco, next October, of the 2023 Annual Meetings of the World Bank Group and the IMF.