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| FM Nirmala Sitharaman attends Plenary Meeting of IMFC of IMF through video-conference from New Delhi |
FM Nirmala Sitharaman attends Plenary Meeting of IMFC of IMF through video-conference from New Delhi
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the Plenary Meeting of the International Monetary and Financial Committee (IMFC) of the Board of Governors of the International Monetary Fund (IMF) at the virtual Spring Meetings 2021. The meeting was attended by Governors/Alternate Governors representing 190 member countries of the IMF.
Discussions - Plenary Meeting of International Monetary and Financial Committee (IMFC) of IMF
The discussions at the meeting were based on IMF Managing Director’s Global Policy Agenda (GPA) titled, “Bolstering the Recovery, Countering Divergence”. The members of the IMFC updated the committee on the actions and measures taken by member countries to combat COVID-19 pandemic and facilitate economic recovery.
About - International Monetary and Financial Committee (IMFC)
The International Monetary and Financial Committee (IMFC) meets twice a year, once during the Fund-Bank Spring Meetings in April, and again during the Annual Meetings in October. The Committee discusses matters of common concern affecting the global economy and advises the IMF on the direction of its work. This year, due to ongoing COVID-19 pandemic, the Spring Meetings took place through video-conference.
About International Monetary Fund (IMF)
- Formation: 27 December 1945; 75 year ago
- Headquarters: Washington, D.C. U.S
- Membership: 190 countries
- Managing Director (MD): Kristalina Georgieva
- Chief Economist: Gita Gopinath
Also Read: IMF upgrades India's growth forecast to 12.5 percent in FY-2021: World Economic Outlook Report
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