Highlights

The Minister receives the MD of the International Monetary Fund

19/06/2023
The Minister receives the MD of the International Monetary Fund

Mrs. Nadia FETTAH, Minister of Economy and Finance, received, Monday June 19th 2023, Mrs. Kristalina Ivanova Georgieva, Managing Director of the International Monetary Fund, at the headquarters of the Ministry of Economy and Finance.

On the sidelines of the meeting, which was attended by several General Managers and Directors of the MEF, the Minister of the Economy and Finance pointed out that the forthcoming annual meetings of the World Bank Group (WB) and the International Monetary Fund (IMF), to be held in Marrakech in October, will be an opportunity to highlight Morocco's major achievements in the various fields of development.

The Minister added that "these meetings will be an opportunity to highlight the major reforms implemented by Morocco in various areas of development, under the enlightened leadership of His Majesty King Mohammed VI". She also stressed that this meeting was part of a field visit by Mrs Georgieva in preparation for the annual meetings of the IMF and the World Bank, which Morocco will be honored to host, after 50 years of absence from the African continent.

Mrs. Fettah added that the meeting was also an opportunity to enhance the relationship between Morocco and the IMF, noting that the choice of the Kingdom to host a global event on the scale of the World Bank and IMF Annual Meetings testifies to the considerable interest that the international financial institutions have in Morocco.

For her part, Mrs Georgieva declared that Morocco was the "ideal" location for the next Annual Meetings of the IMF and World Bank, given its strong and dynamic economy.

She also emphasized that the prospects for developing cooperation with Morocco are "very promising", adding that the Kingdom enjoys considerable confidence on the part of international financial institutions. The Marrakech edition, a first in the Arab world, marks the return of these assemblies to Africa after those held for the first time in Nairobi, Kenya, 50 years ago.

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