Sitharaman co-chaired debt roundtable jointly with IMF MD Kristalina Georgieva and World Bank chief David Malpass. The G20 delegations also had a meeting with tech innovators at IISc.
Kristalina Georgieva urged for a strong push for regulation and added, "if regulation fails, if you're slow to do it, then we should not take off the table or banning those assets, because they may create financial stability risk..."
The symposium, moderated by Infosys' co-founder Nandan Nilekani, saw the participation of Union Finance Minister Nirmala Sitharaman, Indonesia Finance Minister Sri Mulyani Indrawati, International Monetary Fund Managing Director Kristalina Georgieva, Brazil Central Bank Governor Roberto de O
The chief said in a blog on Wednesday, "So, it's fitting that Group of Twenty finance ministers and central bank governors will gather in Bengaluru this week."
Bali [Indonesia], July 17 (ANI): Highlighting the ongoing political turmoil in Sri Lanka, International Monetary Fund Managing Director Kristalina Georgieva on Saturday warned countries with high debt levels to take lessons from Sri Lanka and said that it is a warning sign for nations with l
Washington DC [USA], April 9 (ANI): While the trajectory of coronavirus pandemic remains uncertain, the International Monetary Fund (IMF) expects an economic crisis worse than the great recession of 2008.