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 markets 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. "FM Smt. @nsitharaman and Ms. @KGeorgieva suggested that the key ...
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Friday, 11 March 2022
FM Sitharaman discusses impact of rising commodity prices with IMF chief
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