India hosts First Meeting of BRICS Finance Ministers and Central Bank Governors

India hosts First Meeting of BRICS Finance Ministers and Central Bank Governors

India hosts First Meeting of BRICS Finance Ministers and Central Bank Governors

1st Meeting of BRICS Finance Ministers and Central Bank Governors held in INDIA: India hosted a Meeting of BRICS Finance Ministers and Central Bank Governors virtually. The meeting was jointly Chaired by Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman and Governor, Reserve Bank of India, Shri. Shaktikanta Das. Participants included Finance Ministers and Central Bank Governors of the BRICS countries.

Quick Highlights - First Meeting of BRICS Finance Ministers and Central Bank Governors held in India

As 2021 BRICS Chair, India’s approach is focused on strengthening intra-BRICS cooperation based on Continuity, Consolidation and Consensus.

This was the first meeting of the BRICS Finance Ministers and Central Bank Governors under India Chairship in 2021. BRICS Finance Ministers and Central Bank Governors discussed financial cooperation agenda set by India for 2021 - Global Economic Outlook and Response to COVID-19 pandemic, New Development Bank (NDB) Activities, Social Infrastructure Financing and Use of Digital Technologies, Cooperation on Customs related issues, IMF reforms, Fintech for SMEs and Financial Inclusion, BRICS Rapid Information Security channel and BRICS Bond Fund.

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