Moroccan authorities have announced plans to direct equipment and materials used for the World Bank Group (WB) and International Monetary Fund (IMF) Annual Meetings in Marrakech to assist in the rebuilding of educational institutions affected by the recent Al Haouz earthquake.
The announcement made by the general coordinator of the event, Mohammed El Kharmoudi, comes just a day after the country hosted the Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF).
The decision to redirect resources towards educational institutions is in accordance with the guiding principles set forth by the royal leadership, which has called upon all stakeholders to provide essential support to the citizens who were impacted by the devastating Al Haouz earthquake.
The primary objective is to ensure that students affected by the natural disaster can swiftly resume their studies.
In a statement he made on the sidelines of the Annual Meetings, El Kharmoudi explained the logistics behind this novel approach.
“We are committed to helping the community recover from this disaster in any way we can,” he said.
“The equipment and materials utilised for the organisation of the WB and IMF Annual Meetings will now serve a dual purpose,contributing to the restoration and development of schools affected by the earthquake.”
The effective response from Moroccan authorities following the Al Haouz earthquake, which struck on September 8, 2023, earned accolades from various economic actors who attended the annual meetings in the beautiful Ochre City.
The Annual Meetings brought together finance ministers and central bank governors from several countries, providing a platform for global economic and financial decision-makers to address crucial issues ranging from financing policies to economic growth and the ever-pressing concern of climate change.
This innovative initiative demonstrates the resilience and commitment of Morocco in the face of adversity and serves as a model for responsible event management.