Categories: EconomyNewsWorld News

Morocco Voted To Host 2021 World Bank, IMF Annual Meeting

Morocco is to host the 2021 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) which will take place in Marrakech, Morocco, in October.

This decision came after a vote by the Boards of Governors of the two institutions.

The IMF made this disclosure in a statement on Wednesday from its Washington DC headquarters.

The announcement of Morocco as the next location of the Meetings coincides with the 60th anniversary of the country’s membership of the WBG and the IMF.

The Annual Meetings bring together central bankers, ministers of finance and development, private sector executives, civil society, media and academics.

They discuss issues of global concern, including the world economic outlook, global financial stability, poverty eradication, inclusive economic growth and job creation, climate change, and others.

The last time the Annual Meetings were held in Africa was in 1973, in Nairobi, Kenya.

The Annual Meetings are usually held for two consecutive years at the WBG and IMF headquarters in Washington, D.C. and every third year in another member country.

The 2018 Annual Meetings will take place in Indonesia in October, during which there will be an official signing ceremony for the 2021 Meetings in Morocco.

 

 

 

 

 

 

 

 

 

Recent Posts

Edo: Panel Probing Shaibu’s Impeachment Begins Sitting April 3

The seven-member panel put in place by the Chief Judge (CJ) of Edo State, Justice…

58 mins ago

Court Absolves Ex-Minister Adoke Of Criminal Charges

A Federal Capital Territory high Court sitting in Jabi, has dismissed charges of fraud, bribery…

1 hour ago

Hajj: FG, State Govts Provide Succuor To Intending Pilgrims, Subsidises Hajj Fares

As the deadline for payment of 2024 Hajj fares elapsesd 12:am today (Friday), the federal…

1 hour ago

Katsina: APC Dissolves Stakeholder Committees In 34 LGAs

The All Progressives Congress (APC) in Katsina State has dissolved the party’s stakeholder committees in all 34…

1 hour ago

Promotion Exam: Oyo Govt To Punish Teachers Over Illegal Fees

The Oyo State Government through the Oyo State Universal Basic Education Board has warned teachers…

1 hour ago

Delta Bloodbath: Wanted Monarch Surrenders Self To Police

The traditional ruler of Ewu-Urhobo kingdom in Ughelli South Local Government Area of Delta State,…

1 hour ago

This website uses cookies.