Last Update: April 15, 2023, 1:20 PM IST
Finance Minister Nirmala Sitharaman. (file photo)
The International Monetary Fund and the World Bank have projected India to be the fastest growing major economy in 2023.
Noting that the International Monetary Fund and the World Bank have projected India to be the fastest growing major economy in 2023, Finance Minister Nirmala Sitharaman has said that the Indian economy will stay the course and grow at 7 per cent in 2022-23. is likely to increase.
Participating in the plenary meeting of the International Monetary and Financial Committee at the IMF Headquarters here on Friday to discuss the priorities identified in the Managing Director’s Global Policy Agenda, Sitharaman in her intervention highlighted that with the focus of the government -With a favorable domestic policy environment on structural reforms, domestic economic activity in India has kept strong.
Both the IMF and the World Bank have projected India to be the fastest growing major economy in 2023. According to the Economic Survey 2022-23, the Indian economy will stay on course and is estimated to grow at seven per cent in 2022-23. Said.
In his intervention, he underlined the learnings from the pandemic that digitization, especially digital public infrastructure, is a positive catalyst for the global economy and how India’s DPI has revolutionized access and created a vibrant entrepreneurial ecosystem, Finance Ministry said in a series of tweets.
Referring to the Global Sovereign Debt Roundtable, the Finance Minister said that it has demonstrated a constructive way forward with multi-stakeholder collaboration for other vulnerable countries, and India is happy to be part of the team that has helped Sri Lanka and Suriname. Provided solution.
Sitharaman reiterated commitment to find solutions through stakeholder engagement to pressing global challenges that disproportionately harm the poorest and most vulnerable.
They urged all G20 members to continue supporting multilateral efforts and engage in positive dialogue to fight the challenge of global fragmentation.
read all latest business news, tax news And stock market update Here
(This story has not been edited by News18 staff and is published from a syndicated news agency feed)