News Briefs

Morocco and the IMF





News Brief No. 99/42
July 26, 1999
International Monetary Fund
700 19th Street, NW
Washington, D.C. 20431 USA

Camdessus Offers Condolences on Death of H.M. King Hassan II of Morocco

At the meeting of the International Monetary Fund's (IMF) Executive Board, Shigemitsu Sugisaki, Deputy Managing Director, read the following declaration of Michel Camdessus, Managing Director:

"We were all deeply saddened to learn of the death of His Majesty Hassan II, King of Morocco, who worked tirelessly for the modernization and development of his country, for regional cooperation, and for peace. It was my privilege to meet with King Hassan II on a number of occasions and to benefit from the wisdom of his counsel and the breadth of his understanding. He attached great importance to the opinion and recommendations of the IMF and was appreciative of the support we were able to extend to Morocco under difficult circumstances. On behalf of the Executive Board and the entire institution, I propose to convey our respectful condolences to His Majesty Mohammed VI, together with assurances of our support and our desire to develop fruitful and trusting cooperation with his Government."


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