MIL OSI Translation. Government of the Republic of France statements from French to English –
Source: IMF in French
November 5, 2020
Washington: The Kingdom of Morocco, the World Bank Group and the International Monetary Fund (IMF) today announced that the annual meeting of the World Bank Group and the IMF to be held in Marrakech in October 2021 will be postponed for 12 months, until 2022, due to the COVID-19 pandemic.
The annual meeting is usually held two years in a row at the World Bank Group and IMF headquarters in Washington, and then in another member country for the third year. The annual meeting brings together central bank governors, finance and development ministers, executives from the private sector, representatives of civil society, the media as well as academics to discuss issues of general interest such as the outlook global economies, global financial stability, poverty reduction, inclusive economic growth and job creation, and climate change, among others. A complete list of the locations of the previous assemblies can be found on the website of the annual meeting.
The International Monetary Fund
The International Monetary Fund (IMF) is an organization of 190 countries that work together to foster global monetary cooperation, ensure financial stability, facilitate international trade, promote sustainable economic growth and high employment, and reduce poverty in the world. Created in 1945, the IMF is governed by its 190 member states, to which it reports on its actions, making it a virtually universal institution.
The World Bank Group
The World Bank Group plays a major role in the global effort to end extreme poverty and promote shared prosperity. It is made up of five institutions: the International Bank for Reconstruction and Development (IBRD); the International Development Association (IDA); the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Center for Settlement of Investment Disputes (ICSID). These institutions, which work together in more than 100 countries, provide finance, advice and other solutions that enable countries to tackle the most pressing development challenges.
IMF Communications Department
PRESS OFFICER: Randa Elnagar
PHONE: +1 202 623-7100 EMAIL: MEDIA@IMF.org
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.