Speaking on the occasion of the 103rd meeting of the Joint Development Committee of the World Bank Group (WB) and the International Monetary Fund (IMF) held last Friday, Benchaaboun welcomed the support provided by the WB to the initiative of vaccines intended for developing countries, according to a press release from the Ministry of Economy, Finance and Administration Reform.
During this meeting organized on the occasion of the spring 2021 meetings of the WB and the IMF, the Minister, in his capacity as president of the group of countries made up of Morocco, Afghanistan, Algeria, Ghana, Iran, Pakistan and Tunisia, gave a speech on themes relating mainly to "the WB's response to the Covid-19 crisis" and to "equitable and affordable access of developing countries to vaccines".
In this context, he underlined the extent of the financing needs of developing countries to face the impacts of the Covid-19 crisis and which will become more and more urgent in the coming years, said the same source.
Given the important role that the private sector can play in the development dynamic, Benchaaboun appealed to the World Bank group to create more synergies between the institutions of the group, in particular the IFC and MIGA.