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Nirmala Sithraman Meets IMF Chief, Discusses Impact Of Geopolitical Situation On Global Growth

Nirmala Sithraman Meets IMF Chief, Discusses Impact Of Geopolitical Situation On Global Growth

NDTV
Tuesday, April 19, 2022 07:46:58 AM UTC

India is expected to record the highest growth rate among large economies of the world. As per the Economic Survey, the country may log 8-8.5 per cent GDP growth in the current fiscal.

Finance Minister Nirmala Sitharaman today met IMF managing director Kristalina Georgieva and discussed a range of issues, including impact of geopolitical situation on global growth.

During the meeting held on the sidelines of the ongoing annual spring meetings of the International Monetary Fund (IMF) and the World Bank, the IMF chief highlighted India's well-targeted policy mix that has helped the country's economy remain resilient even with a limited fiscal space.

She also appreciated India's help to Sri Lanka in tackling its economic crises and assured that the IMF would continue to actively engage with the island nation.

"Discussing the recent geopolitical developments, FM Smt. @nsitharaman and Ms  @KGeorgieva raised concerns about its impact on global economy and the challenges linked to the rising energy prices due to it," the finance ministry said in a tweet.

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