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FM Sitharaman to visit US to attend Spring Annual Meetings of the IMF-World Bank Spring Annual Meetings
Image Credit: PIB

FM Sitharaman to visit US to attend Spring Annual Meetings of the IMF-World Bank

India Blooms News Service | @indiablooms | 08 Apr 2023, 08:31 pm

New Delhi/IBNS: Finance Minister Nirmala Sitharaman will start an official visit to the USA on April 10, 2023, an official statement said on Saturday.

During the visit, Sitharaman will be attending the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), along with G20 meetings, Investor/ Bilateral meetings, and other associated meetings, are scheduled to take place from April 10 to April 16, 2023, in the WBG and IMF Headquarters in Washington DC.

The Spring Meetings will be attended by Finance Ministers and Central Bankers from across the world.

The Indian Finance Ministry delegation will be led by the finance minister and will comprise officials from the Ministry of Finance and RBI.

During her visit, the finance minister will host the Second G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India’s G20 Presidency and G20-related side events.

She will attend the Spring Meetings of IMF-WB and engage with World Bank Development Committee and IMF Committee Plenaries

During her stay in the US, Sitharaman will hold interactions with Global Economists and Think-Tanks and bilateral engagements with countries and international organisations.

She will also meet global business leaders and investors in roundtables; and engage with the Indian diaspora in America.

Finance Minister Sitharaman and RBI Governor Shaktikanta Das will jointly chair the 2nd G20 FMCBG meeting on April 12-13, 2023. Around 350 delegates from G20 members, 13 invitee countries, and various international and regional organisations will participate and engage in multilateral discussions centred around a broad spectrum of pressing global issues.

In the course of her visit, the Union Finance Minister will also participate in a fireside chat at the Peterson Institute of International Economics (PIIE) on April 10, 2023.

In a high-level meeting on April 11, 2023, the Finance Minister will meet the US Treasury Secretary Janet Yellen to discuss issues of mutual interest.

On April 14, 2023, a high-level seminar on “Macro-financial implications of Crypto assets” will be held to review the macro-financial implications of Crypto Assets and discuss policies to leverage benefits and contain risks.