WB, IMF autumn meetings to be held in Washington instead of Marrakesh due to COVID concerns

Doaa A.Moneim , Tuesday 1 Feb 2022

The World Bank Group (WBG) and the International Monetary Fund (IMF) announced that their annual autumn joint meetings will be held in Washington DC in October instead of Marrakesh, Morocco due to COVID-19 concerns.

File Photo: Central bank governors and other global finance officials take a group photo at the IMF and World Bank s 2019 Annual Spring Meetings, in Washington, April 13, 2019. Photo courtesy of IMF

The decision was made due to the continued uncertainty over the COVID-19 pandemic, according to a statement by the WBG and IMF, adding that Marrakesh will host the October 2023 annual meetings.

The North African country has been hit by a surge in COVID cases in recent weeks, forcing the government to declare a state of health emergency and restrict flights and travel to curb the spread of the virus.

Since the onset of the pandemic in 2019, the WBG and IMF have held their meetings virtually.

Accordingly, the anticipated spring meetings will also be held virtually in April.

The annual meetings are usually held for two consecutive years at the WBG and IMF’s headquarters in Washington DC and every third year in one of the member countries.

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

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