Invest in global cooperation, economic foundations – IMF – New Business Ethiopia

Invest in global cooperation, economic foundations – IMFBy Andualem Sisay Gessesse (Marrakech, Morocco) – The head of the International Monetary Fund (IMF) Ms. Kristalina Georgieva today calls for the need to invest in global cooperation and economic foundations in order to address the pressing issues of the world. She made the remark speaking at the plenary session of the annual meetings of the IMF/World Bank in Marrakech, Morocco this morning. The recent Global Sovereign Debt Roundtable established by Indian G-20 Presidency, the IMF and the World Bank is brining all relevant creditors and debtors together. It is showing results and promise for the future,” she said mentioning as an example of what can be done through global cooperation. In relation to investment in economic foundations, she mentioned the example of Morocco’s government investment in economic foundations that has managed to cope up with the recent earthquake in Marrakech where the annual meetings IMF/WB taking place.