Exclusive-IMF, World Bank to decide on October Morocco meetings on Monday -Georgieva
2023.09.15 17:05
© Reuters. FILE PHOTO: Kristalina Georgieva, Managing Director of the International Monetary Fund, attends a joint press conference with William Ruto, President of Kenya, French President Emmanuel Macron, U.S. Treasury Secretary Janet Yellen and World Bank President
By Andrea Shalal
WASHINGTON (Reuters) – The International Monetary Fund and World Bank will decide on Monday whether to proceed with their annual meetings in October in earthquake-hit Morocco after a completing a “thorough review” of the country’s ability to host the meetings, IMF Managing Director Kristalina Georgieva told Reuters.
Georgieva also said in an exclusive interview the IMF has reached a staff-level agreement with Morocco to provide a $1.3 billion loan to bolster the country’s resilience to climate-related disasters from the Fund’s new Resilience and Sustainability Trust.
