Washington: Finance Minister Nirmala Sitharaman said there was an urgent need for coordinated action across countries not only to enable rapid post-pandemic recovery but also to build resilience to future shocks as she witnessed the G20 meeting on emerging market economies here.
Sitharaman shared his insights on the near-term economic outlook, risks and policy challenges for emerging market economies (EMEs) such as food and energy security and tighter global financial conditions, the finance ministry said.
The G20 Meeting on Emerging Market Economies was hosted by the IMF on the sidelines of the upcoming meeting of G20 Finance Ministers and Central Bank Governors.
The Minister of Finance, referring to the future of work and debt vulnerabilities, said there was an urgent need for coordinated action between countries not only to enable a rapid post-pandemic recovery, but also to strengthen the resilience to future shocks.
Union Finance Minister Smt. @nsitharaman & Shri @DasShaktikanta @RBI attend the #G20 Emerging Market Economies #EMEs meeting organized by @IMFNews in Washington DC, today, on the sidelines of the upcoming meeting of Finance Ministers and Central Bank Governors of # G20 #FMCBG, the Ministry of Finance said on Twitter.
FM Smt. @nsitharaman shared his insights on the #EconomicOutlook, near-term policy risks and challenges for #EMEs such as #foodsecurity and #energysecurity and tightening global financial conditions.
Speaking about the vulnerabilities of the #future of #work and #debt, FM Smt. @nsitharaman said there was an urgent need for coordinated action between countries not only to enable rapid post-pandemic recovery but also to build resilience to future shocks, he said in a series of tweets.
The Finance Minister, speaking on the need for #environmentally #sustainable and financially viable energy source alternatives, said @isolaralliance can be an effective platform to catalyze efforts in this direction, the Ministry of Finance said. Finances in another tweet.
Sitharaman arrived in Washington on Monday for the annual spring meetings of the International Monetary Fund (IMF) and the World Bank.