Seville, Spain – June 30, 2025 — Moroccan Prime Minister Aziz Akhannouch arrived in Seville on Sunday evening to represent His Majesty King Mohammed VI at the Fourth International Conference on Financing for Development, held under the auspices of the United Nations.
Royal Reception and Moroccan Delegation
The Prime Minister attended the official state dinner hosted by King Felipe VI and Queen Letizia of Spain, in honor of the heads of state and government participating in this high-profile global summit.
The Moroccan delegation accompanying Prime Minister Akhannouch includes:
- Nadia Fettah, Minister of Economy and Finance
- Omar Hilale, Morocco’s Permanent Representative to the United Nations
- Karima Benyaich, Moroccan Ambassador to Spain
Context and Significance of the Conference
Bringing together over 70 heads of state and government, alongside more than 4,000 participants from civil society, international financial institutions, and the private sector, this conference is taking place amid a challenging global financial context.
According to United Nations estimates, developing countries face a funding gap of nearly $4 trillion annually, underscoring the urgency of reforming the global financial architecture.
UN Secretary-General António Guterres emphasized the need to overhaul what he described as an “outdated and ineffective” international financial system. He called for a fairer representation of the Global South within global financial institutions.
“Seville Commitment” – A Step Toward Financial Justice
The conference is expected to culminate in the adoption of the “Seville Commitment”, a landmark reference document focused on:
- Fair representation of developing nations in international financial bodies
- Doubling the lending capacity of development banks
- Strengthening global cooperation to combat tax evasion
Morocco’s Role and Vision
Morocco’s strong participation in the conference highlights the Kingdom’s ongoing commitment to inclusive development, sustainable economic reform, and the promotion of global economic justice, particularly for countries of the Global South.
The Kingdom continues to advocate for a multilateral approach that empowers developing nations to confront today’s economic challenges and achieve the Sustainable Development Goals (SDGs).