World Bank Group and IMF to Hold 2021 Annual Meetings in Marrakech, Morocco

Stocks and Financial Services Press Releases Thursday April 26, 2018 09:38
IMF--26 Apr--International Monetary Fund

The 2021 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will take place in Marrakech, Morocco, in October 2021, following a vote by the Boards of Governors of the two institutions.

The Annual 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.

The last time the Annual Meetings were held in Africa was in 1973, in Nairobi, Kenya. Today's announcement of Morocco as the next location of the Meetings coincides with the 60th anniversary of the country's membership of the WBG and the IMF.

The Annual Meetings are usually held for two consecutive years at the WBG and IMF headquarters in Washington, D.C. and every third year in another member country. The 2018 Annual Meetings will take place in Indonesia in October of this year, at which time there will be an official signing ceremony for the 2021 Meetings in Morocco. A complete list of previous meeting sites is available on the Annual Meetings website.

About the World Bank Group

The World Bank Group plays a key role in the global effort to end extreme poverty and boost shared prosperity. It consists of five institutions: The World Bank, including the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA); the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). Working together in more than 100 countries, these institutions provide financing, advice, and other solutions that enable countries to address the most urgent challenges of development.

About the International Monetary Fund

The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Created in 1945, the IMF is governed by and accountable to the 189 countries that make up its near-global membership.


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