Speaking at a panel discussion held alongside the Annual Meetings of the World Bank and the IMF, Georgieva highlighted Morocco's efforts to strengthen its macroeconomic fundamentals.

She mentioned the reduction in inflation from 13% to around 5%, noting that there is still work to be done. The IMF Managing Director emphasized that Morocco is aware of the importance of diversifying its economy.

Furthermore, Georgieva pointed out that Morocco is a significant source of renewable energy and highlighted the importance of water as a competitive advantage.

On her part, Economy and Finance Minister Nadia Fettah recalled that Morocco has a long-term vision focused on the welfare state, education, health, and economic growth.

Using the example of water management, Fettah emphasized the need for a comprehensive and ongoing plan to address water scarcity. She stated that within five years, all drinking water will come from alternative sources.

The Annual Meetings of the World Bank and the IMF have brought together top global economic and financial experts to discuss major issues related to financing policies, economic growth, and climate change.

This global event, returning to African soil after 50 years, provides an opportunity for economic and financial decision-makers to closely examine the progress made by Morocco under the enlightened leadership of HM King Mohammed VI in various areas.