Into Africa

World Bank, IMF set to return to Africa after 50 years despite Morocco’s quake

By Julian Pecquet, in Washington

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Posted on September 12, 2023 09:22

People wait outside, at the Marrakech-Menara airport, following a powerful earthquake in Morocco, September 9, 2023. REUTERS/Hannah McKay
People wait outside, at the Marrakech-Menara airport, following a powerful earthquake in Morocco, September 9, 2023. REUTERS/Hannah McKay

Earthquake-ravaged Morocco is set to host next month the first annual meetings of the Bretton Woods institutions on the continent since 1973.

Morocco is keen to move forward with next month’s annual meetings of the World Bank and International Monetary Fund (IMF) despite last week’s devastating earthquake, marking the Bretton Woods institutions’ return to Africa for the first time in 50 years.

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