World Bank: Times uncertain, save people stuck in debt jam, Finance Minister tells World Bank India News – Times of India

New Delhi: Finance Minister Nirmala sitharaman India has said that India is concerned about the risks of a global recovery due to rising uncertainty amid geopolitical tensions.
in his meeting world Bank President David MalpassSitharaman suggested that multilateralism has become more important as the world is passing through a period of extraordinary uncertainty.
She said that due to the pandemic and recent geopolitical developments, the World Bank needs to come to the rescue of countries facing debt stress. In particular, the World Bank needs to pay special attention to Sri Lanka An official statement said that which is facing an unprecedented economic situation.
Sitharaman and Malpas discussed various issues including India’s sustained recovery covid and the impact of the Russia-Ukraine conflict on the world economy, and India in particular.
The FM highlighted India’s roadmap for infrastructure development and said that India looks forward to the World Bank’s continued support for funding investments for the national infrastructure pipeline and Gati Shakti programme.
In her intervention at the 105th meeting of the Development Committee’s plenary session in Washington, Sitharaman drew attention to the unprecedented situation in Sri Lanka and hoped for decisive relief to the island nation so that they can come out of the crisis. During her ongoing visit to Washington for the IMF’s annual spring meeting, Sitharaman has made several efforts to ensure that Sri Lanka emerges from the worst economic crisis. in your history
The FM said that India’s economic growth in the current year is strong and highest among all major economies and reflects India’s resilience and strong recovery.
He said that India faced the COVID-19 pandemic crisis with great resilience and made remarkable progress in immunization and administered over 1.85 billion COVID-19 vaccine doses.
The FM underlined that India has voluntarily offered the Covid Vaccine Intelligence Network (CoWIN) platform to all countries and is ready to provide support for other public-goods platforms recognizing the importance of replicating a proven and scalable digital platform .