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

Tags: Economy/Finance International News

Finance Minister Nirmala Sitharaman is on a visit to the USA to attend the Spring Annual Meetings of the International Monetary Fund (IMF) - World Bank. 

An overview of the news

• Finance ministers and central bankers from around the world will participate in the meeting.

• The meeting is scheduled to take place from April 9 at the IMF headquarters in Washington DC.

• On the sidelines of the Spring Annual Meetings, Sitharaman will hold bilateral talks with her respective counterparts from G20 countries and heads of other delegations.

• Sitharaman and Reserve Bank of India Governor Shaktikanta Das will jointly chair the 2nd G20 Finance Ministers and Central Bank Governors, FMCBG meeting on April 12.

• About 350 delegates from G20 members, 13 invited countries and various international and regional organizations will participate in the meeting.

• They will engage in multilateral discussions centered around a broad spectrum of global issues.

Agenda of the meeting 

• The focus will be on addressing food and energy insecurity, managing global debt vulnerabilities, strengthening multilateral development banks, mobilizing finance for climate action, and accelerating progress on international tax and financial sector issues.

About the Meeting

• Spring Meetings will be held on April 14 - 16, 2023 at Washington, D.C.

• The World Bank Group (WBG) plays a key role in the global effort to end extreme poverty and promote shared prosperity.

• Towards achieving these goals the organization is organizing this meeting.

• This meeting is the primary opportunity to raise awareness and participation on these topics and to advance the agenda on key issues.