Morocco’s central bank on 9 October invested €200mn in World Bank sustainable development bonds.

The World Bank investing in Morocco, rather than the other way round, would appear to be the more normal course of events. However, the investment has been timed to coincide with the World Bank and IMF holding their annual meetings in the Moroccan city of Marrakech, with a key focus on sustainable development and climate action. (CONTINUED - 127 WORDS)