An internal World Bank memo seen by Reuters cited a "devastating loss of life, destruction and heavy toll on civilians being incurred on both sides," but voiced support for the lender's work in Gaza and the West Bank.
The World Bank and our development partners have long worked to support the poorest, most vulnerable people in the West Bank and Gaza, and we remain committed to building the foundations for a more stable and sustainable future."
The Oct. 9-15 annual meetings in Marrakech are expected to focus heavily on increasing resources for the IMF and the World Bank, both potentially contentious moves.
World Bank Chief Economist Indermit Gill told Reuters that he worried the violence could overshadow important discussions at the IMF-World Bank meetings about sovereign debt, mediocre growth prospects and the big setback for development caused by the COVID-19 pandemic.
On Sunday night, Georgieva participated in a "friendly" soccer match with World Bank President Ajay Banga and members of Morocco's Atlas Lions club attended by children from damaged mountain villages.
Persons:
Anna Bjerde, Indermit Gill, It's, Eric LeCompte, LeCompte, Gill, Kristalina Georgieva, Georgieva, Ajay Banga, Andrea Shalal, David Lawder, Jon Boyle, Bernadette Baum, Andrea Ricci
Organizations:
Bank, International Monetary Fund, Reuters, West Bank, World Bank, IMF, Jubilee USA, Morocco's Atlas Lions, Thomson
Locations:
MARRAKECH, Morocco, Israel, Gaza, Marrakech, Russia, Ukraine