World Bank, IMF meetings to proceed in Morocco despite quake | The Guardian Nigeria News

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The World Bank and International Monetary Fund have confirmed that their annual meetings will go ahead in Morocco as planned next month despite a deadly earthquake near the event site. The 6.8-magnitude earthquake hit Al-Haouz province south of Marrakesh on September 8, killing nearly 3,000 people and injuring thousands more. In a joint statement released […]

The World Bank and International Monetary Fund have confirmed that their annual meetings will go ahead in Morocco as planned next month despite a deadly earthquake near the event site. The 6.8-magnitude earthquake hit Al-Haouz province south of Marrakesh on September 8, killing nearly 3,000 people and injuring thousands more.

In a joint statement released Monday, World Bank President Ajay Banga, IMF Managing Director Kristalina Georgieva and Moroccan Finance Minister Nadia Fettah Alaoui, said they had worked together to “thoroughly assess” Marrakesh’s capacity to host the meetings. The annual gathering of world leaders hosted by the two international financial institutions was initially scheduled to be held in Marrakesh in 2021, but was postponed twice due to the Covid-19 pandemic.

 

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