"FM @nsitharaman especially focused on enhanced support from international financial institutions, especially through increased lending capacity of Multilateral Development Banks (MDBs) as vital to achieving Sustainable Development Goals." the ministry said in the post.
Sitharaman urged the World Bank to promote a two-way exchange of innovations, drawing from the transformative experiences of the Global South in areas like digital inclusion and sustainable energy.
New Delhi [India], October 25: Temenos (SIX: TEMN) announced that it has signed a Multi-Country Model Bank development agreement with Bahwan CyberTek (BCT), a global digital transformation company. Temenos Country Model Banks offer financial institutions a faster go-live experience with Teme
The Asian Development Bank (ADB) has approved a USD 434.25 million loan to increase renewable energy capacity and improve energy security in the state of Assam.
The Ministry of Finance posted on X, "Union Minister for Finance and Corporate Affairs Smt. @nsitharaman today participated in the Fourth G20 Finance Ministers and Central Bank Governors #G20FMCBG Meeting #AnnualMeetings2024, in Washington DC, today. During her intervention, FM Smt. @nsit
Tripura Chief Minister Manik Saha criticized the opposition for their attempts to hinder progress in the state and said that progress and development pose a challenge to their political survival.
Union Finance and Corporate Affairs Minister Nirmala Sitharaman, in a key meeting in New Delhi held discussion with Prof. Nick Stern, a member of the G20 Independent Expert Group on strengthening Multilateral Development Banks (MDBs).
The Ministry of Finance will engage with key bilateral and multilateral agencies, including the Japan International Cooperation Agency, Asian Development Bank, Asian Infrastructure Investment Bank, and New Development Bank, following the Union Cabinet's approval of Chennai Metro Rail Project
This initiative is set to enhance the state's tourism potential by upgrading heritage sites, promoting cultural centres, and improving tourism infrastructure.
The Asian Development Bank (ADB) has signed an agreement with the International Finance Facility for Education (IFFEd) that will enable at least USD 500 million in new concessional education funding for lower middle-income countries (LMICs) in Asia and the Pacific.