IANS | 20 Jul, 2023
Finance Minister Nirmala Sitharaman met World Bank Group President
Ajay Banga on Wednesday, and discussed deepening of partnership to
secure tangible outcomes at the G20 Leaders’ Summit scheduled to take
place in September.
"Union Finance Minister Smt. @nsitharaman and
World Bank Group @WorldBank President, Mr. Ajay Banga, today in New
Delhi. President @WorldBank congratulated the Union Finance Minister for
the successful G20’s 3rd Finance Ministers and Central Bank Governors
#G20FMCBG meeting in Gandhinagar," the Finance Ministry said in a series
of tweets.
"FM Smt. @nsitharaman appreciated the excellent
support of @WorldBank for #G20India Presidency and looked forward to
further deepening of this partnership to secure tangible outcomes at the
Leaders’ Summit in September," it added.
"The Union Finance
Minister mentioned that bridging the knowledge and technology gaps is
key to future economic development and @WorldBank should accelerate
efforts to share the Indian development experience with the
#GlobalSouth", it tweeted.
The two leaders discussed India’s
sectoral priorities that include municipal financing, logistics,
recycling of water, renewable energy grids, for seeking assistance from
the World Bank Group in leveraging private investments.
"The
World Bank President informed FM Smt. @nsitharaman about @WorldBank’s
recent initiative of Private Sector Investment Lab and added that
@WorldBank looks forward to a partnership with India to implement ideas
that come from this initiative in India. Mr. Banga further said that the
ideas implemented successfully can become a working model for other
countries," the Finance Ministry said.
