FM holds virtual meeting with IMF chief, discusses impact of rising commodity prices

New Delhi, Mar 11: Finance Minister Nirmala Sitharaman on Friday held a virtual meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva and discussed various issues, including the impact of rising commodity prices on world economy.

They also had a discussion on the 16th General Review of Quotas scheduled to be completed by 2023 and the need to ensure that under-representation of emerging mar-kets and developing economies is addressed.

   

“FM Smt. @nsitharaman & Ms. @KGeorgieva, both expressed concern at diminishing focus & global supply of #Covid19 vaccines. FM highlighted India’s achievement in successfully administering 1.79 bn doses while at the same time supplying 162.9 mn doses to countries in need,” the finance ministry said in a series of tweets.

They spoke about the issue of global supply chains being affected, commodity prices rising and the possible effects on the world economy, it added.

Leave a Reply

Your email address will not be published. Required fields are marked *

seventeen + 20 =