Hm Treasury
- Jeremy Hunt, Chancellor of the Exchequer, is in Marrakech, Morocco, for the International Monetary Fund and World Bank Annual Meetings
- Chancellor will attend key multilateral meetings, as well as hold talks with economic partners from around the world
- Chancellor to reaffirm UKs commitment to fiscal responsibility ahead of Autumn Statement next month
Chancellor of the Exchequer Jeremy Hunt is in Marrakech, Morocco, today and tomorrow (Thursday 12 and Friday 13 October) for the International Monetary Fund (IMF) and World Bank Annual Meetings. He will discuss global economic issues and how to ensure international financial institutions are delivering for all member states, including the most vulnerable, as well as showcase the UKs leadership on international development.
The Chancellor will also discuss the UKs economic strategy, highlighting the need to fight inflation and make fiscally responsible decisions. He will reiterate Britains backing of international humanitarian causes such as Moroccos earthquake relief effort, in addition to support for Ukraine following Russias illegal invasion and for Israel in the wake of the recent terrorist attacks.
Chancellor of the Exchequer Jeremy Hunt said:
Im in Marrakech to discuss the global fight against inflation, and how we are putting Britain back on the path to growth.
It is because of our solid economic foundation at home that we can support our friends around the world. I am full of admiration for the Moroccan peoples resilience following the terrible earthquake in September, and want to reiterate Britains backing to support the victims.
Also in attendance at this years IMF Annual Meetings are Andrew Mitchell, Minister for Development and Africa at the Foreign, Commonwealth and Development Office, and Andrew Bailey, Governor of the Bank of England.
The UK remains committed to supporting Morocco following the devastating earthquake in September, and has allocated a funding package worth up to 10m in response to this and the floods in Libya. A British search and rescue team, as well as a medical assessment team, were also deployed in the days immediately after the natural disaster to support the Moroccan authorities in the affected areas.
The meetings are one of the IMFs twice-yearly centre pieces for international economic policy. This years are the first set to be held outside of Washington D.C. since 2018, when they took place in Bali, Indonesia. They are also the first IMF Annuals held in Africa since 1973, which