Finance Minister Nirmala Sitharaman on Saturday expressed concern over slowdown in global progress, although she mentioned that India continues to be the quickest rising massive economic system with progress at 7.8 per cent in the course of the first quarter of 2023-24.
She identified on the escalating global debt vulnerabilities and the significance of Global Sovereign Debt Roundtable to foster cooperation on debt points and reforms in IMF policy to interact with members in debt misery.
She mentioned this whereas attending the Restricted Breakfast Meeting of the IMF Board of Governors on the theme of ‘Dialogue on Policy Challenges’ in Marrakech, Morocco.
She reiterated dedication to a robust, quota-based and adequately resourced IMF on the centre of the global monetary security web, and local weather motion on the rules of frequent however differentiated obligations and respective capabilities.
Sitharaman emphasised that coordinated response of the global neighborhood will foster multilateralism in the spirit of ‘Vasudhaiva Kutumbakam’ – One Earth, One Family, One Future
She identified on the escalating global debt vulnerabilities and the significance of Global Sovereign Debt Roundtable to foster cooperation on debt points and reforms in IMF policy to interact with members in debt misery.
She mentioned this whereas attending the Restricted Breakfast Meeting of the IMF Board of Governors on the theme of ‘Dialogue on Policy Challenges’ in Marrakech, Morocco.
She reiterated dedication to a robust, quota-based and adequately resourced IMF on the centre of the global monetary security web, and local weather motion on the rules of frequent however differentiated obligations and respective capabilities.
Sitharaman emphasised that coordinated response of the global neighborhood will foster multilateralism in the spirit of ‘Vasudhaiva Kutumbakam’ – One Earth, One Family, One Future
