IMF Chief Welcomes Reforms Undertaken by Morocco

Rabat – Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva welcomed, on Wednesday in Rabat, the reforms undertaken by Morocco, citing as an example the new development model and the Integrated Program for Enterprise Support and Financing, launched by HM the King and benefiting young entrepreneurs.

During her talks with Head of Government Saad Dine El Otmani, the IMF Managing Director praised the Moroccan experience and the progress made by the Kingdom in various fields, expressing the pride of her institution of cooperation with Morocco which remains a source of stability in the region, said a statement from the Head of Government’s department.

The IMF Managing Director, who is visiting Morocco as part of preparations for the annual meetings of the World Bank and the International Monetary Fund (IMF), scheduled for 2021 in Marrakesh, expressed the wish to see the results of the next WB and IMF Annual meetings contribute to the consolidation of the Kingdom’s development process and to the building of its capacities so that it could play a leading role in the region.

The Head of Government affirmed, on this occasion, that the Kingdom will spare no effort to ensure the full success of this major international event, reiterating Morocco’s desire to move forward in strengthening its cooperation relations with its partners, whether they are state or non-state bodies, to serve the interests of the Kingdom, the same source added.

El Otmani said that Morocco has undertaken several political, economic and social reforms, while others are planned or under way, noting that the Kingdom is adopting a voluntary-based policy towards the African continent and is working for the development of its countries.

Source: Agency Morocaine De Presse