Economy

FM Sitharaman to hold a series of meetings in the US beginning tomorrow

Finance Minister Nirmala Sitharaman will leave for the US to attend a series of events including the International Monetary Fund (IMF) and the World Bank, the G20 Finance Ministers and Central Bank Governor (FMCBG) meetings. Besides, Sitharaman will take part in bilateral meetings with several countries, including Japan, South Korea, Saudi Arabia, Australia, Bhutan, New Zealand, Egypt, Germany, Mauritius, UAE, Iran and Netherlands, an official statement said. She will also hold one-on -one meetings with leaders and heads of OECD, European Commission and UNDP.

Sitharaman, also in charge of the Corporate Affairs Ministry, will meet the US Treasury Secretary Janet Yellen and David Malpass, President, World Bank separately to discuss issues of mutual interest.

The Finance Minister will also participate in a fireside chat on “India’s Economic Prospects and Role in the World Economy” at the Brookings Institution, a prominent non-profit public policy organisation based in Washington.

During the latter part of her visit, Sitharaman will attend roundtable meetings with the US India Business Council and US-India Strategic Partnership Forum to discuss various issues. These meetings with leading business leaders and investors are aimed at highlighting India’s policy priorities, and deliberate on measures to facilitate foreign investment by showcasing India’s attractiveness as an investment destination, the statement said.

Also read: Nirmala Sitharaman reviews banks’ performance of SC welfare schemes

IN Bureau

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