Sitharaman To Attend IMF, World Bank Meetings In USA 

Finance Minister Nirmala Sitharaman will attend several meetings on her visit to the United States. Among them, two significant meetings are the International Monetary Fund (IMF) and the World Bank, which will more likely deliberate on the current global economy. These meetings aim to highlight India’s policy priorities and showcase India’s attractiveness as an investment destination. 

On her six-day visit starts, from 11 to 16 October, she will attend G20 Finance Ministers and Central Bank Governors meetings, besides interacting with business leaders and investors. Apart from this, she will have separate meetings with US Treasury Secretary Janet Yellen and World Bank President David Malpass to discuss the area of mutual interest.

Besides these, one-on-one meetings are scheduled with leaders and the head of the OECD (Organisation for Economic Co-operation and Development), the European Commission and UNDP (United Nations Development Programme). 

“The risks of recession are rising,” she said, terming the current economic environment a “period of historical fragility.”

During her visit, Nirmala Sitharaman will also participate in a fireside chat on ‘India Economic Prospects and Role in the World Economy at the Brookings Institution, a Washington-based non-profit policy organisation. 

Also Read: World Bank Cuts India’s GDP Forecast to 6.5%

Alongside, Nirmala Sitharaman will share her thoughts on India’s unique Digital Public Goods story and multiplier effects created in India through the interlinkage of ‘Technology, Finance and Governance at the School of Advanced International Studies (SAIS), John Hopkins University. 

Later, she will attend roundtable meetings with USIBS and US ISPF on ‘Strengthen Investment and Innovation in India-US Corridor’ and ‘Investing in India’s Digital Revolution’. 

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