Oualalou in washington to attend WB-IMF spring session

Moroccan minister of economy, finance, privatization and tourism, Fathallah Oualalou, arrived in Washington Sunday to take part in the spring meetings of the World Bank and International Monetary Fund.

Oualalou is to make an address before the development committee which will open proceedings this Monday to debate the reduction of poverty, international trade, the HIV/AIDS pandemic, cooperation between international financial institutions, and the WB/IMF joint directives on the management of public debts.

On Tuesday Oualalou will take part in the forum on economic development and investments in the Maghreb, sponsored by the Washington-based Corporate Council on Africa. Algerian minister of energy and mining, Chakib Khelli, and Tunisian minister of trade, Tahar Sioud, will also attend the forum.

The WB and the IMF hold annual meetings in April and September to discuss progress on the work of the Bank and Fund, the world economic situation and member copuntries( growth prospects.