Finance Minister Nirmala Sitharaman on Saturday expressed concern over slowdown in international progress, though she mentioned that India continues to be the quickest rising giant economic system with progress at 7.8 per cent in the course of the first quarter of 2023-24.
She identified on the escalating international debt vulnerabilities and the significance of World Sovereign Debt Roundtable to foster cooperation on debt points and reforms in IMF coverage to interact with members in debt misery.
She mentioned this whereas attending the Restricted Breakfast Assembly of the IMF Board of Governors on the theme of ‘Dialogue on Coverage Challenges’ in Marrakech, Morocco.
She reiterated dedication to a powerful, quota-based and adequately resourced IMF on the centre of the worldwide 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 worldwide group will foster multilateralism within the spirit of ‘Vasudhaiva Kutumbakam’ – One Earth, One Household, One Future
She identified on the escalating international debt vulnerabilities and the significance of World Sovereign Debt Roundtable to foster cooperation on debt points and reforms in IMF coverage to interact with members in debt misery.
She mentioned this whereas attending the Restricted Breakfast Assembly of the IMF Board of Governors on the theme of ‘Dialogue on Coverage Challenges’ in Marrakech, Morocco.
She reiterated dedication to a powerful, quota-based and adequately resourced IMF on the centre of the worldwide 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 worldwide group will foster multilateralism within the spirit of ‘Vasudhaiva Kutumbakam’ – One Earth, One Household, One Future
