Sitharaman expresses concern over global economic slowdown, seeks reforms in IMF policy IANS Updated: October 14th, 2023, 17:17 IST in Business 0 Pic- IANS Share on Facebook Share on Twitter Share on WhatsApp Share on Linkedin New Delhi: Finance Minister Nirmala Sitharaman Saturday expressed concern over slowdown in global growth, even though she said that India continues to be the fastest growing large economy with growth at 7.8 per cent during the first quarter of 2023-24. She pointed out at the escalating global debt vulnerabilities and the importance of Global Sovereign Debt Roundtable to foster cooperation on debt issues and reforms in IMF policy to engage with members in debt distress. She said this while attending the Restricted Breakfast Meeting of the IMF Board of Governors on the theme of “Dialogue on Policy Challenges” in Marrakech, Morocco. She reiterated commitment to a strong, quota-based and adequately resourced IMF at the centre of the global financial safety net, and climate action on the principles of common but differentiated responsibilities and respective capabilities. Sitharaman emphasised that coordinated response of the global community will foster multilateralism in the spirit of ‘Vasudhaiva Kutumbakam’ – One Earth, One Family, One Future. IANS Tags: Economy IMF India Nirmala Sitharaman Share Tweet Send Share Suggest A Correction Enter your email to get our daily news in your inbox. Leave this field empty if you’re human: Related Posts Farm sector takes hit due to deficient monsoon, stares at dipping reservoir levels October 14, 2023 D-Mart Q2 net profit down 9% to Rs 623.35 crore, sales up 18.7% to Rs 12,624 crore October 14, 2023 23 techies being sacked every hour for past two years October 14, 2023 Israel-Hamas conflict may pose hurdles to India-Middle East-Europe Economic Corridor timelines: GTRI October 14, 2023 Microsoft announces AI bug bounty programme, offers up to $15K reward October 14, 2023 Under fire for Hamas videos, Telegram CEO to continue to host ‘war-related content’ October 14, 2023 Leave a Reply Cancel reply Your email address will not be published. Required fields are marked * Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ