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IMF Needs To Remain Well-Capitalised To Meet Future Challenges – Nirmala Sitharaman , Finance Minister

Finance Minister Nirmala Sitharaman participated in a roundtable discussion on ‘IMF policy priorities and how the institution should support its membership’ and underlined the need for the institution to remain well-capitalised to meet future challenges.

The roundtable was hosted by US Treasury Secretary Janet Yellen on the sidelines of the World Bank-IMF Annual Meetings in Marrakech, Morocco.

Sitharaman spoke about IMF’s mandate and lending policies, a strong, quota-based, and adequately resourced IMF, Poverty Reduction and Growth Trust (PRGT) Financing and IMF governance reforms, the finance ministry said in a statement.

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