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Nirmala Sitharaman, IMF chief discuss India’s growth trajectory, global economic outlook

The two leaders discussed India’s strong growth outlook and IMF support for macroeconomic surveillance and capacity development in emerging markets.

  • Union Minister for Finance and Corporate Affairs Nirmala Sitharaman attended the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, United States, holding high-level bilateral meetings with global financial leaders.
  • The G20 summit serves as a platform for India to engage with major financial institutions, focusing on strengthening strategic partnerships and exploring collaborative development initiatives in critical sectors.
  • Finance Minister Sitharaman met World Bank Group President Ajay Banga to discuss the $1.5 billion Development Policy Financing, while IMF Managing Director Kristalina Georgieva acknowledged India's "evolving growth trajectory" and strong economic performance.
  • Separately, Sitharaman discussed Trade and Technology Council initiatives with European Commission Commissioner Valdis Dombrovskis and explored QR-based payment interoperability with South Korean Deputy Prime Minister Koo Yun-cheol to strengthen economic linkages.
  • Expanding her diplomatic schedule, the minister met Russian Finance Minister Anton Siluanov to discuss establishing the Shanghai Cooperation Organisation Development Bank, further diversifying India's bilateral economic and financial cooperation.
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awazthevoice.in broke the news on Tuesday, September 1, 2026.
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