Global economic risks call for strengthening multilateral co-operation: Nirmala Sitharaman

Money Control | Oct 20, 2019 at 3:53 PM
  • Finance Minister Nirmala Sitharaman has said the global economic risks and imbalances reinforce the need to strengthen international cooperation at the multilateral level, besides governmental initiatives.
  • Sitharaman later participated in the 100th Meeting of the Development Committee Plenary.
  • The finance minister also encouraged the IMF to guide concerted international action to combat illegal financial flows and welcomed collaboration to push investment to augment multilateral development bank (MDB) financing into developing countries.