Global financial imbalance hurting climate, development goals: FM Sitharaman

Global financial imbalance hurting climate, development goals: FM Sitharaman

Speaking at the New Development Bank’s Governors Seminar in Rio de Janeiro, Brazil, finance minister Nirmala Sitharaman urged a fundamental rethink of the global financial architecture to better align with the development priorities of emerging and low-income economies.

India Demonstrates How Scale and Speed Can Go Hand-in-Hand: Finance Minister Sitharaman - Goemkarponn

New Delhi: During her address at the ‘Governors Seminar’ in Rio de Janeiro on the theme “Challenges for Financing Sustainable Development for the Global South,” Finance Minister Nirmala Sitharaman said that India has shown how development at scale can be achieved without sacrificing speed. She noted that India, as both a leading emerging economy and a global influencer, is uniquely positioned to lead transformative efforts not only for itself bu…