FM Nirmala Sitharaman participates in 103rd Meeting of World Bank Development Committee Plenary



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India's Finance Minister, Nirmala Sitharaman, attended the 105th Meeting of the Development Committee Plenary in Washington D.C. The discussions focused on key global issues including digitalisation for development, managing debt for stability, and the World Bank's response to the war in Ukraine. During the meeting, Minister Sitharaman highlighted India's strong economic growth and resilience, particularly in its COVID-19 response and vaccination efforts, even offering its CoWIN platform to other nations.

Finance Minister Smt. Nirmala Sitharaman participates in the 105th Meeting of the Development Committee Plenary in Washington D.C.

Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman participated in the 105th Meeting of the Development Committee Plenary in Washington D.C. today. The items on the agenda included Digitalisation & Development, Making Debt Work for Development & Macroeconomic Stability and World Bank Group’s Response to Global Impacts of the War in Ukraine: A Proposed Roadmap.

In her intervention at this session, the Finance Minister stated that India’s economic growth in the current year is robust and highest among all large economies and reflects India’s resilience and strong recovery.

Nirmala Sitharaman at World Bank Development Committee Meeting

Smt. Sitharaman stated that India faced the COVID-19 pandemic crisis with great resilience and made remarkable progress in vaccination and administered more than 1.85 billion COVID-19 vaccine doses.

The Finance Minister underlined that India voluntarily offered COVID Vaccine Intelligence Network (CoWIN) platform to all countries and stand willing to provide assistance for other public-goods platforms recognising the importance of replication of proven and scalable digital platforms.

The Finance Minister drew attention of distinguished gathering in the meeting to the unprecedented situation in Sri Lanka and hoped for decisive relief to Sri Lanka so that they come out of the crisis.

FAQ :

FM Nirmala Sitharaman participated in the 105th Meeting of the Development Committee Plenary.

The meeting was held in Washington D.C.

The agenda included Digitalisation & Development, Making Debt Work for Development & Macroeconomic Stability, and the World Bank Group’s Response to Global Impacts of the War in Ukraine.

She stated that India's economic growth is robust and the highest among all large economies, reflecting its resilience and strong recovery.

India voluntarily offered its CoWIN platform to all countries and expressed willingness to assist with other public-goods platforms.

The Finance Minister drew attention to the unprecedented situation in Sri Lanka and expressed hope for decisive relief for the country.




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