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MULTILATERAL BANKS REFORMS
FM Sitharaman flags global crisis spillovers, unfair burden on developing nationsFinance Minister Nirmala Sitharaman stated that the Global South should not bear the brunt of global imbalances and conflicts. Representing...- TIIF to shape a new investment architecture for Central AsiaTashkent will host a major investment forum from June 16-19. This event aims to establish Central Asia as a new hub for economic growth. Th...
- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- Without meaningful reform, effectiveness and credibility of UN will remain constrained: Jaishankar at BRICSIndia is strongly advocating for major changes in global institutions. External Affairs Minister S. Jaishankar stated that the United Natio...
- Iran Foreign Minister Araghchi begins 3-day India visitIran's Foreign Minister Abbas Araghchi is in New Delhi for crucial BRICS talks, focusing on the escalating West Asian crisis and its impact...
- Sustained reforms will help India maintain growth momentum, says ADB’s Albert ParkIndia's economy shows strong growth prospects despite global challenges. The Asian Development Bank highlights the need for continued refor...
- India urges ADB to scale up lending, push reforms to support developing economiesIndia urged the Asian Development Bank to increase its lending capacity and adopt a more transformative approach to aid developing economie...
- ADB should step up capital expansion measures, adopt 'more transformational approach': MoS FinanceIn his address at the ADB Annual Meetings, Pankaj Chaudhary also said that the multilateral funding institution should adopt a "more transf...
- ADB calls for accelerating structural reforms in Asia PacificThe Asian Development Bank urges greater regional cooperation and faster reforms in Asia Pacific. The bank warns of overlapping crises incl...
- Economic shock of Middle East war to cast shadow over IMF, World Bank meetingsGlobal finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...
- India to lead South Asia growth at 7.6% in FY26, says World BankIndia will lead South Asia's economic growth. The World Bank forecasts India's economy to expand by 7.6% in FY26. The region's overall grow...
- BRICS leaders must commit to multilateral reform: External affairs minister S JaishankarExternal Affairs Minister S Jaishankar urged BRICS leaders to champion a reformed multilateral system reflecting current global realities. ...
- FM Sitharaman bats for critical multilateral development banks reformsFinance Minister Nirmala Sitharaman called for substantial reforms in multilateral development banks to secure additional funds for develop...
- Solutions did not come from multilateral bodies when global order faced critical challenges: EAM JaishankarOn Saturday, India advocated for significant reforms in key multilateral institutions, emphasizing that these bodies have failed to address...
- Multilateral Development Banks reform: Taking stock & looking aheadIMF/World Bank Spring Meetings in DC focus on reforming MDBs to address 21st-century challenges. G20 crucial in pushing for comprehensive r...
- Global bodies need to go beyond just financial reforms: DEA secretary Ajay SethSeth said the policy guidance--especially on reforming international financial institutions--emerging from the G20 leaders’ New Delhi decla...
- Multilateral banks are supportive of reforms: NK Singhhe IEG presented the second volume of its report on strengthening MDBs to G20 finance ministers and central bank governors at the fourth an...
- Multilateral banks back reforms planThe MDB reform programme will be taken up at the G20 finance ministers and central bank governors' (FMCGB) meeting in Marrakech under India...
- Banking on big push to multilateral development bank reforms: G20 negotiatorsIndia has highlighted the importance of multilateral development bank reforms in achieving climate action and sustainable development goals...
- BRICS bank, others result of failure of IMF reform: USIn June, during a US visit Union Finance Minister Arun Jaitley had attributed the emergence of new multilateral financial institutions to t...
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