Close X
Sunday, November 10, 2024
ADVT 
India

Niramala Sitharaman to attend World Bank-IMF, G20 meetings in Morocco

Darpan News Desk IANS, 09 Oct, 2023 11:00 AM
  • Niramala Sitharaman to attend World Bank-IMF, G20 meetings in Morocco

New Delhi, Oct 9 (IANS) Finance Minister Nirmala Sitharaman will leave on October 10 for an official visit to attend the annual meetings of the World Bank Group and the International Monetary Fund (IMF), along with G20 meetings at Marrakech in Morocco.

During the visit, the Finance Minister will also hold bilateral meetings with Indonesia, Morocco, Brazil, Switzerland, Germany and France, besides other associated meetings, scheduled to take place from October 11-15 in Marrakech.

The annual meetings will be attended by Finance Ministers and Central Bankers from across the world. The Indian delegation will be led by the Finance Minister and will comprise officials from the Ministry of Finance and the Reserve Bank of India.

Finance Minister Sitharaman and RBI Governor Shaktikanta Das will co-chair the fourth G20 Finance Ministers and Central Bank Governors (FMCBG) meeting which will witness the participation of 65 delegations from G20 countries, invitee countries, and international organisations in multilateral discussions centered around a broad spectrum of important global issues.

The fourth G20 FMCBG meeting will discuss ways to strengthen Multilateral Development Banks (MDBs) to address shared challenges of the 21st Century and also take up the issue of crypto assets.

During the meeting, the Volume 2 of the Report on strengthening MDBs by the Independent Expert Group will also be released. Volume 1 was release during the 3rd FMCBG held in Gandhinagar, Gujarat.

On the sidelines of the fourth G20 FMCBG meeting, principals from Indian G20 Presidency, International Monetary Fund, and the World Bank will co-chair Global Sovereign Debt Roundtable on 12th October 2023. The roundtable will discuss the progress made on debt restructuring and explore ways and means to support work of G20 countries.

In a high-level event organised by USA Treasury, Union Finance Minister will engage in a Roundtable Discussion on “IMF policy priorities and how the institution should support its membership”.

The Union Finance Minister will also participate in a discussion on Partnership for “Resilient and Inclusive Supply-chain Enhancement” (RISE) – with the World Bank Group, organised by the G7 Japan Presidency.

On the margins of the IMF-WB Annual Meetings in Marrakech, finance minister Sitharaman will participate in a discussion on macroeconomic outlook during a G7 Africa Ministerial Roundtable.

Sitharaman will also deliver the keynote address at a session on “MDBs evolution,” co-hosted by German Federal Ministry for Economic Cooperation and Development and Center for Global Development.

MORE India ARTICLES

56 new dengue, 11 malaria cases reported in Delhi in past one week

56 new dengue, 11 malaria cases reported in Delhi in past one week
As per the report, 11 cases of malaria were also reported in the last one week, taking July’s tally to 34. The national capital has recorded 72 malaria cases so far this year. According to the MCD report, no chikungunya cases were reported during the said period.

56 new dengue, 11 malaria cases reported in Delhi in past one week

Delhi court issues notice to ED on Sisodia's plea to withdraw money from bank

Delhi court issues notice to ED on Sisodia's plea to withdraw money from bank
A Delhi court on Monday issued notice to the Enforcement Directorate (ED) on former Delhi Deputy Chief Minister Manish Sisodia's plea seeking permission to withdraw money from a bank account for medical expenses for his wife and other household expenses. Special Judge M.K. Nagpal of Rouse Avenue Court issued a notice to the probe agency, and listed the application for hearing on August 4. 

Delhi court issues notice to ED on Sisodia's plea to withdraw money from bank

ED attaches assets worth Rs 6.02cr belonging to Lalu Prasad's family members

ED attaches assets worth Rs 6.02cr belonging to Lalu Prasad's family members
An official said that the attached properties belong to Rabri Devi -- wife of Lalu Prasad; Misa Bharti -- daughter of Lalu Prasad; Vineet Yadav -- husband of Hema Yadav (Lalu Prasad's daughter); Shiv Kumar Yadav -- father-in-law of Hema Yadav; AB Exports Pvt Ltd and AK Infosystem Pvt Ltd -- both companies owned and controlled by family members of Lalu Prasad.   

ED attaches assets worth Rs 6.02cr belonging to Lalu Prasad's family members

PM Modi urges G20 for Int'l legally binding document to end plastic pollution

PM Modi urges G20 for Int'l legally binding document to end plastic pollution
Prime Minister Narendra Modi on Friday called upon the G20 to work on an international legally binding document to end plastic pollution. He also highlighted responsible management of oceanic resources.

PM Modi urges G20 for Int'l legally binding document to end plastic pollution

Punjab Police arrest three members of Gopi gang

Punjab Police arrest three members of Gopi gang
In a major breakthrough, Anti-Gangster Task Force (AGTF) of Punjab Police have cracked the murder of Santokh Singh in Moga town with the arrest of three members of the Gopi Dallewalia gang. Gopi is a proclaimed offender with more than 12 criminal cases registered against him.

Punjab Police arrest three members of Gopi gang

Paris-bound Air India flight returns to Delhi amidst tyre debris scare

Paris-bound Air India flight returns to Delhi amidst tyre debris scare
The flight crew was promptly informed about the situation by the Delhi Air Traffic Control (ATC) soon after the departure of the flight at 1.22 p.m. The flight had 220 people on board.  

Paris-bound Air India flight returns to Delhi amidst tyre debris scare