Nirmala Sitharaman to attend Spring Annual Meetings of IMF-World Bank

Story by  ANI | Posted by  Aasha Khosa | Date 09-04-2023
Finance Minister Nirmala Sithraman
Finance Minister Nirmala Sithraman

 

New Delhi

Union Finance Minister Nirmala Sitharaman is to embark today on an official visit to the United States where she will attend Spring Annual Meetings of the IMF-World Bank. She will begin her official visit to the US from April 10.

The Union Finance Minister will also participate in G20 Finance Ministers and Central Bank Governors (FMCBG) meetings besides investor and bilateral meetings with various countries.

During the visit, Sitharaman will be attending the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), along with G20 meetings, Investor/ Bilateral meetings, and other associated meetings, which are scheduled to take place from April 10 to April 16, 2023, in the WBG and IMF Headquarters in Washington DC. The Spring Meetings will be attended by Finance Ministers and Central Bankers from across the world.

 The Indian Finance Ministry delegation will be led by the Union Minister for Finance and Corporate Affairs and will comprise officials from the Ministry of Finance and RBI.

Key engagements of the Union Finance Minister will include the following:

Spring Meetings of IMF-WB;

Hosting the Second G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India's G20 Presidency and G20-related side events;

World Bank Development Committee and IMF Committee Plenaries

 Interaction with Global Economists and Think-Tanks,

 Bilateral engagements with countries and international organisations;

Interaction with global business leaders and investors in roundtables; and engagement with Indian Diaspora.

 Finance Minister Sitharaman and the Governor of the Reserve Bank of India Shaktikanta Das will jointly chair the 2nd two-day G20 FMCBG meeting on April 12.

 Around 350 delegates from G20 members, 13 invitee countries, and various international and regional organisations will participate and engage in multilateral discussions centred around a broad spectrum of pressing global issues.