September 20, 2024

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Highlights

The IMF chief said that India is ready to lead the G20 countries with a strong position.
The IMF chief said that India is a fast growing economy, even in this difficult time.
The G20 Leaders’ Summit will be held in New Delhi on September 9-10, 2023.

Washington. India is ready to lead the G20 countries with a strong position and will leave its mark on the world as G20 President next year. International Monetary Fund (IMF) Managing Director Kristalina Georgieva said this on Thursday. India will chair the G20 for one year from December 1, 2022. India is expected to host over 200 G20 meetings across the country during this period. The G20 Leaders’ Summit at the level of Heads of State or Government will be held in New Delhi from September 9-10, 2023.

Speaking to reporters here on the sidelines of the annual meeting of the IMF and the World Bank, Georgieva said, “India deserves to be called a center of hope in this gloomy environment.” It is a fast growing economy, even in these difficult times. Most importantly, this growth is based on structural reforms. He further said that India is ahead in structural reforms and has achieved remarkable success in digitization. Georgieva said, ‘Therefore, the country is now moving forward in the G20 with a strong position. In such a situation, I have full confidence that India will leave a deep impression on the world during the presidency (of G20) next year.

He said that this imprint could be in the field of digitization including digital money. This could be in the area of ​​bringing more fairness to the institutions. Apart from this, International Monetary Fund (IMF) Chief Economist Pierre Oliver Gorinches said that India will have to do the difficult task of bringing countries together on the important challenges facing the world as the President of the G20. Gorinches said, ‘The road is going to be difficult for India. I believe that the most important thing will be for the countries to be present on one platform so that the dialogue continues and progress on important issues continues.

Tags: IMF, India economy

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