THE IMF and World Bank’s Annual Meetings began on October 9 with the launch of a book titled “Morocco’s Quest for Stronger and Inclusive Growth.”
The book, a collaboration between the IMF and the World Bank, as well as Moroccan economists, provides a comprehensive overview of the Moroccan economy’s progress and its upcoming economic modernization programme.
Morocco’s Head of Government Aziz Akhannouch praised the Bretton Woods Institutions’ partnership for advancing the country in areas such as health, education, green energy, climate change, innovation, and research.
He thanked the IMF and the World Bank for their support following Morocco’s recent earthquake, expressing gratitude for the $1.3 billion resilience loan.
Morocco’s Minister of Economy and Finance Fettah Alaoui believes the earthquake presents an opportunity for stronger rebuilding and reinventing for a better future, particularly for the youngest.
IMF Managing Director Kristalina Georgieva expressed optimism about Morocco’s resilience and recovery efforts, citing strong institutions and economic policies as key factors in boosting the economy.