IMF and World Bank Confirm 2023 Annual Meetings in Morocco Despite Recent Earthquake

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The International Monetary Fund (IMF) and the World Bank have confirmed that their scheduled 2023 Annual Meetings will proceed in Marrakech, Morocco, despite the recent earthquake that resulted in significant casualties. The meetings, set to take place from October 9 to 15, will be carefully adapted to the circumstances and will not disrupt ongoing relief and reconstruction efforts.

Key Points:

  • The 2023 Annual Meetings of the IMF and World Bank will continue as planned in Marrakech, Morocco, despite the recent earthquake that caused substantial loss of life and widespread damage.
  • The decision was made after a thorough assessment of Marrakech’s capacity to host the meetings, with a focus on ensuring the safety of participants and avoiding interference with relief operations.
  • The meetings are expected to draw over 10,000 individuals, including delegations from the institutions’ 190 member states, representatives from media, non-profit organizations, and civil society groups.
  • The authorities emphasized the importance of conducting the meetings in a manner that supports ongoing relief efforts and shows respect for the victims and the Moroccan people.
  • The Annual Meetings provide an opportunity for the international community to express solidarity with Morocco and its resilient population during this challenging period.

Analysis: The decision to proceed with the Annual Meetings in Marrakech demonstrates the determination of the IMF and World Bank, in coordination with Moroccan authorities, to uphold the continuity of essential global economic discussions while being sensitive to the recent tragedy. It is essential that the meetings are conducted in a manner that supports and respects the ongoing relief efforts and the affected population. By standing by Morocco in this time of adversity, the international community can convey solidarity and offer support to a nation demonstrating remarkable resilience in the face of a natural disaster. This decision underscores the significance of these annual gatherings in facilitating crucial dialogues on global economic issues.

BD

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