Gita Gopinath, Deputy Managing Director of International Monetary Fund, meeting Finance Minister Nirmala Sitharaman on the sidelines of IMF-WB (World Bank) Vasant, said that in challenging times, India will play an important role in building solutions on debt, climate and IMF quota review. could. 2022 meeting earlier this week.
Sharing a picture with Sitharaman on Twitter, he also expressed, ‘Happy to be reunited’.
sitharaman Visited the US earlier this week to attend a range of events including the International Monetary Fund (IMF) and the World Bank’s Spring Meeting, the Central Bank Governors Meeting (FMCBG) and the G20 Finance Ministers’ Meeting.
on meeting gopinath, the two discussed India’s upcoming presidency at the G20. India will chair the Intergovernmental Forum of the European Union and 19 other countries from December 1, 2022 to November 30, 2023.
The IMF recently slashed India’s projected growth rate to 8.2 per cent from 9 per cent earlier this year, citing the impact of higher oil prices on consumer demand and private investment.
In 2021, India registered a growth rate of 8.9 percent. The IMF said that India is projected to grow at 6.9 per cent by 2023. The IMF has said in its annual World Economic Outlook report that the global growth rate is projected to be 3.6 percent in 2022, up from 6.1 percent in 2021.
On the sidelines of the event, the IMF chief also met UK Chancellor Rishi Sunak. The two discussed the economic outlook and the risks of globalization. “Thank you to the UK for their many contributions to the IMF,” he said on Twitter.