India's Finance Minister, Smt. Nirmala Sitharaman, chaired the 7th Annual Meeting of the Board of Governors of the New Development Bank (NDB) via video-conference. The meeting, hosted by India, focused on 'Optimising Development Impact' and was attended by members including Bangladesh and the UAE. Minister Sitharaman highlighted India's robust economic growth and the NDB's role as a reliable partner for emerging economies.
Finance Minister Smt. Nirmala Sitharaman chairs the 7th Annual Meeting of Board of Governors of New Development Bank via video-conference
Union Minister of Finance Corporate Affairs and Indias Governor for the New Development Bank (NDB), Smt. Nirmala Sitharaman chaired the 7thAnnual Meeting of Board of Governors of NDB through video-conference in New Delhi today. The meeting was also attended by Governors/Alternate Governors of Brazil, China, Russia, South Africa and the newly joined members
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FAQ :
The meeting was chaired by India's Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman.
Due to the ongoing pandemic, the meeting was conducted virtually via video-conference.
The theme for this year's Annual Meeting was 'NDB: Optimising Development Impact'.
The meeting was attended by Governors/Alternate Governors of Brazil, China, Russia, South Africa, Bangladesh, and the United Arab Emirates (UAE), alongside India.
She highlighted that India's economic growth in the current financial year is estimated to be 8.9 per cent, the highest among all large economies, reflecting strong resilience and speedy recovery.
Smt. Sitharaman stated that the NDB will play a significant and meaningful role in the development journey of its member countries in the decades to come.