Highlights

As part of this participation, Mrs. ZAABOUL, in her capacity as Alternate Governor, took part, Friday October 25, 2024 in the Development Committee Meeting of the World Bank Group and the IMF, and delivered a statement devoted to the topics on the Committee's agenda.

In this context, Mrs. ZAABOUL praised the relevance of the roadmap aimed at strengthening the World Bank's mission and adapting its operations to meet the ever-changing needs of its clients. The Director of Treasury and External Finance also highlighted the WB's important commitment to allocate 45% of its financing to climate-related actions by 2025..

With regard to the 21st replenishment of IDA resources (IDA21), Mrs. ZAABOUL pointed out that IDA21 should be seen as a crucial milestone for the international community to demonstrate its commitment to the world's most vulnerable populations, at a time when global financial needs are immense..

On the sidelines of the 2024 Annual Meetings, Mrs. ZAABOUL took part in a panel discussion on the theme of “Ensuring resilience: Covering climate change”. In her speech, the Director of Treasury and External Finance highlighted Morocco's success in creating the mixed scheme for coverage against the consequences of catastrophic events, as well as the lessons learned on how to close the protection gap..

Mrs. ZAABOUL and members of the delegation also held a meeting with Mr. Ousmane Dione, World Bank Vice-President for the MENA region, during which the two parties reviewed areas of cooperation between Morocco and the Bank and ways of further strengthening them..