15 October 2019

Finance Minster visits U.S



Finance Minster visits U.S

Finance Minister Nirmala Sitharaman led the Indian delegation to the IMF/ World Bank Annual Meetings 2019 held in Washington DC this week.

On the side-lines of the Annual Meetings, she also attended the Finance Ministers and Central Bank Governors meetings of the G20 and the BRICS. She took this opportunity to also interact with industrial and institutional investors in New York and in Washington DC and hold bilateral meetings with Finance Ministers of some countries and others. There were 30 meetings of the World Bank/ IMF/ G20/ BRICS, investors and bilateral meetings. Union Minister for Finance & Corporate Affairs , Smt. Nirmala Sitharaman, led the Indian delegation at G20 Finance Ministers and Central Bank Governors as well as the BRICS Finance Ministers and Central Bank Governors meetings held in Washington D.C yesterday. Finance Minister is leading the Indian delegation to the IMF/WB Annual Meetings being held in Washington D.C this week.

The focus of discussions in the G20 Finance Ministers and Central Bank Governors Meeting was on the current challenges to the global economy and possible responses to mitigate them. Smt Sitharaman emphasized that the G20 has the responsibility to navigate the global policy co-ordination in effective fashion by identifying and taking strong measures for building buffers and catalysing a second wave of reforms.