This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress-Rabat-Mef
Mrs. Nadia Fettah, Minister of Economy and Finance, participated in the first edition of the Ans Conference for emerging market economies, jointly organized by the Ministry of Finance of the Kingdom of Saudi Arabia and the International Monetary Fund, In Alula, in Saudi Arabia, under the theme “Get up with force: Build resilience in a changing world”.
The conference brought together finance ministers, governors of central banks and political decision -makers in emerging markets, as well as leaders of the public and private sectors, international and university institutions to exchange views on national economic developments , regional and global and discuss policies and reforms aimed at promoting inclusive prosperity and strengthening resilience through solid international cooperation.
In this context, Mrs Fettah took part in the session entitled ” Manage tensions and commercial uncertainties », Alongside Mr. ADEBAYO OLAWALE EDUN, Minister of Finance of Nigeria and Mr. Sergii Marchenko, Minister of Finance of Ukraine.
On this occasion, the Minister stressed that Morocco, as an open and integrated economy in world value chains, is no exception to the negative effects and repercussions caused by the escalation of commercial protection measures in a context Weakened by the successive shocks of recent years.
With this in mind, Ms. Fettah spoke of the Moroccan experience in consolidating economic resilience to global challenges, through structural reforms and sectoral strategies that have diversified the economic partners of Morocco and the sources of growth .
Madam Minister also stressed the importance of regional initiatives, such as the Atlantic initiative for the Sahel, the fruit of the informed vision of His Majesty the king that God assists himto strengthen regional integration and open new outlets for African trade, in a global context marked by the resurgence of trade tensions and protectionist inclinations.
On the sidelines of his participation in the conference ofAl “Ms. Fettah held a bilateral meeting with the President of the Asian Investment Bank in Infrastructure (BAII), Mr. Jin Liqun.
During this meeting, the two parties discussed the various aspects of financial and technical cooperation between Morocco and Baii and examined the potential axes of cooperation, in particular relating to the development of strategic infrastructure in Morocco as well as the energy transition and sustainable development.
