The holding of the Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco reflects the confidence that Morocco enjoys under the leadership of HM King Mohammed VI in its democratic process and its economic and social development.
This was the highlight of an interview given by the Minister of Economy and Finance, Nadia Fettah, to MAP on the eve of the Meetings that will be held from October 9 to 15 in Marrakech.
The holding of this significant event in Marrakech is a recognition of the Kingdom's position as a flagship of the African continent, the minister emphasized, noting that these Meetings are taking place on African soil for the first time in 50 years.
It is a double opportunity, she said, explaining that first, in Africa, there is a country that has succeeded in presenting to the world a model specific to its history, culture, and pace of development. Second, it is to show the world that success is possible in Africa and that one can carve out a place in the global economy.
She continued by saying that despite the tragedy of the Al Haouz earthquake, Morocco, under the enlightened vision of HM King Mohammed VI, has succeeded in convincing the international community that it can safely host these annual meetings, which testifies to the historical confidence in a country that has demonstrated from its candidacy to the present day that its trajectory and development dynamics are serious, reforms are underway, and it is a country that also knows how to manage crises and moments of disruption.
In this regard, Fettah recalled the multiple crises that have occurred over the past five years, during which Morocco has once again affirmed itself as a resilient country and a "very credible" partner of the IMF and the WB.
Thanks to the enlightened vision of His Majesty King Mohammed VI, Morocco has all the assets and an unwavering ambition to establish its own development model, which is being implemented to provide real solutions to the problems at hand, the minister noted.
Over the past 20 years, she argued, real progress has been made in the social, societal, economic, and environmental aspects, in a context marked by challenges related to food security, climate change, and geopolitical tensions. She pointed out that despite limited natural resources and social development challenges, the Kingdom has demonstrated that sectoral strategies have led to real breakthroughs through financial partnership instruments.
Source: Agency Morocaine De Presse