August 17th 2024.
During a meeting with the International Monetary Fund's First Deputy Managing Director, Gita Gopinath, on Saturday, India's Finance Minister, Nirmala Sitharaman, expressed a willingness to further enhance collaboration with the organization. This comes as India continues to prioritize its relationship with the IMF and seeks to explore new avenues for cooperation.
Gopinath took the opportunity to congratulate Sitharaman on the Government of India's consistent efforts towards fiscal consolidation. The Finance Minister shared that the country highly values its partnership with the IMF and is committed to maintaining a continuous engagement with the organization. She also expressed a desire to explore additional ways to strengthen India's collaboration with the IMF in the future.
In a statement released by the finance ministry, it was highlighted that Gopinath not only recognized the robustness of the Indian economy, but also acknowledged the significance of India's relationship with the IMF. This partnership holds immense value for not just India and the IMF, but for the entire world.
The meeting between the Finance Minister and the IMF's First Deputy Managing Director marks a positive step towards furthering the cooperation between India and the IMF. Both parties share a mutual understanding of the importance of this relationship and are committed to exploring new opportunities for collaboration in the future. This news, reported by PTI, is indicative of the strong and dynamic ties between India and the IMF.
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