Morocco wants IMF-World Bank meetings to proceed

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Morocco wants IMF-World Bank meetings to proceed
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The IMF and World Bank declined to comment on Morocco’s position on the meetings.

WASHINGTON: The Moroccan government wants to proceed with International Monetary Fund-World Bank annual meetings scheduled for October in Marrakesh despite Friday’s devastating earthquake that has killed nearly 2,900 people, two sources familiar with the meeting planning said on Monday.

“From the viewpoint of the Moroccan authorities, the annual meetings of the IMF and World Bank will take place as scheduled: October 9-15, 2023. There is no change of plan as of now,” one of the people, a source close to the Moroccan government, told Reuters.

The collapse of the traditional mud brick houses into earthen rubble in the hardest-hit areas has made the search for survivors particularly difficult. Marrakesh suffered some damage in its ancient city centre, but more modern parts of the city have largely escaped damage. The site for the IMF and World Bank meetings, a campus of temporary structures on the city’s outskirts near the airport, is largely intact, and preparation work is continuing, one of the sources said.Subscribe to our newsletter and get news delivered to your mailbox.

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