The World Bank Group and the International Monetary Fund (IMF) announced that the 2022 annual meeting will be relocated to Washington DC instead of Marrakech, according to a statement released on January 31.
Following consultations with the Moroccan government, the group announced that its 2022 annual conference, which Morocco was expecting to host, will now be held in the US, “due to the continuing uncertainty related to the COVID-19 pandemic.”
The Annual Meetings are usually held at the World Bank Group and IMF headquarters in Washington DC for two consecutive years, and every third year in another member country.
Morocco was supposed to host the 2022 meeting, but the year-long delay is in line with regular developments of the global and domestic epidemiological situation.
The Annual Meetings bring together central bank governors, finance and development ministers, private sector executives, civil society representatives, the media, and academics.
According to the statement, the annual meetings offer a chance to attendees to discuss issues of general interest such as “the global economic outlook, global financial stability, poverty reduction, inclusive economic growth and job creation, and climate change, among others.”
This is not the first international event Morocco has postponed hosting due to the pandemic.
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