Sitharaman Meets IMF, World Bank and EU Officials at G20 Talks
The meetings focused on global economic risks, private capital mobilization and new cooperation on development banks and digital payments.
- On Tuesday, Union Finance Minister Nirmala Sitharaman held high-level bilateral meetings in Asheville on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting to advance economic partnerships.
- World Bank Group President Ajay Banga praised India's infrastructure transformation and confirmed speedy processing of $1.5 billion in Development Policy Financing during talks with Sitharaman.
- Sitharaman discussed interoperability for QR-based payment systems with South Korean Deputy Prime Minister Koo Yun-cheol and explored establishing the Shanghai Cooperation Organisation Development Bank with Russian Finance Minister Anton Siluanov.
- European Commission Commissioner for Economy and Financial Affairs Valdis Dombrovskis advanced trade negotiations with Sitharaman, while IMF Managing Director Kristalina Georgieva acknowledged India's strong economic performance and growth trajectory.
- These engagements reflect a strategic shift from traditional lender-borrower models toward platforms for global knowledge and private capital mobilization, combining India's scale with international financing instruments.
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The Economic Times
Times of IndiaNirmala Sitharaman, IMF chief discuss India’s growth trajectory, global economic outlook
Finance Minister Nirmala Sitharaman met IMF Managing Director Kristalina Georgieva in Asheville. Georgieva acknowledged India's strong economic performance and evolving growth trajectory. Sitharaman also met World Bank President Ajay Banga and EU Commissioner Valdis Dombrovskis. Discussions focused on deepening economic partnerships and investments. Both leaders emphasized continued engagement for global economic resilience.
Nirmala Sitharaman meets World Bank President Ajay Banga, EU Commissioner Valdis Dombrovskis on sidelines of G20 Meeting - The Tribune
The discussions focused on deepening economic partnerships, expanding green and infrastructural investments, accelerating private capital mobilisation, and navigating strategic global technologies and trade initiatives.
aninews.in
LatestlyNirmala Sitharaman meets World Bank President Ajay Banga, EU Commissioner Valdis Dombrovskis on sidelines of G20 Meeting
The discussions focused on deepening economic partnerships, expanding green and infrastructural investments, accelerating private capital mobilisation, and navigating strategic global technologies and trade initiatives.
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