Important meeting with Finance Minister, World Bank and IMF on US tour, discussion will be held on dealing with recession
During her visit, Sitharaman will attend the annual meeting of the IMF and the World Bank and will hold meetings with G20 finance ministers and central bank governors. Along with this, she will also meet veterans associated with the industry.
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Finance Minister Nirmala Sitharaman is reaching America today for her 6-day visit. According to the information given by the Ministry of Finance Finance Minister Will participate in the annual meetings of the IMF and the World Bank, as well as meet separately with US Finance Minister Janet Yellen and World Bank President David Malpus. Apart from this, she will also meet many other veterans associated with the industry. The current global economic situation will be discussed during this meeting. The World Bank is anticipating a slowdown in the global economy next year. In such a situation, there is every possibility that the purpose of this discussion will be focused on keeping the economic situation better.
what is the tour plan
The Finance Ministry statement said, Union Minister of Finance and Corporate Affairs Nirmala Sitharaman will make an official visit to the US from October 11, 2022. During her visit, Sitharaman will attend the annual meeting of the IMF and the World Bank and will hold meetings with G20 finance ministers and central bank governors. According to the information, the Finance Minister will hold a bilateral meeting with US Finance Minister Janet Yellen during her visit. The Finance Minister will also hold a meeting with G20 Finance Ministers and Central Bank Governors during this period. Sitharaman will visit Japan, South Korea, Saudi Arabia, Australia, Bhutan, New Zealand, Egypt, Germany, Mauritius, US Finance Minister Janet Yellen and World Bank President David Malpus during her six-day visit to the US from October 11-16. Will also hold bilateral meetings with several countries including the United Arab Emirates, Iran and the Netherlands. In addition, he has direct meetings with leaders and heads of the OECD, the European Commission and the UNDP.
Finance Minister will also meet the industry
Along with prominent people from the government and international institutions, the Finance Minister will also meet business leaders and investors. It is believed that she will put the strong side of India’s economy in front of him and talk to him about increasing investment in the country. During her visit, Sitharaman will also participate in a discussion on India’s economic prospects and role in the world economy at the Brookings Institution, a Washington-based non-profit public policy organization. She will also hold meetings with leaders and heads of the Organization for Economic Co-operation and Development (OECD) and the European Commission, as well as the United Nations Development Program (UNDP).