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Sitharaman Meets IMF, World Bank and EU Officials at G20 Talks

Sitharaman discussed growth, investment and payment links with IMF, World Bank and EU leaders as India sought deeper cooperation on global economic issues.

  • In Asheville, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman held high-level bilateral meetings on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting hosted by the United States.
  • Sitharaman met World Bank Group President Ajay Banga to discuss infrastructure financing, where she appreciated the speedy processing of $1.5 billion in Development Policy Financing and explored leveraging MIGA guarantees.
  • Separately, the Minister discussed deepening the India-EU Economic and Financial Partnership with Commissioner for Economy and Financial Affairs Valdis Dombrovskis, while exploring QR-based payment system interoperability with South Korean Deputy Prime Minister Koo Yun-cheol.
  • International Monetary Fund Managing Director Kristalina Georgieva met Sitharaman to review India's evolving growth trajectory and global economic outlook, where Georgieva acknowledged India's strong economic performance.
  • Broadening institutional ties, the Minister met Russian Finance Minister Anton Siluanov to discuss strengthening bilateral cooperation and the potential establishment of the Shanghai Cooperation Organisation Development Bank.
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awazthevoice.in broke the news on Tuesday, September 1, 2026.
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