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India Open to Increased IMF Collaboration: FM Sitharaman

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By Rediff Money Desk, New Delhi   Aug 17, 2024 15:08

India's Finance Minister Nirmala Sitharaman met with IMF's Gita Gopinath, expressing openness to expanding collaboration with the IMF. Read more about the meeting and its implications.
India Open to Increased IMF Collaboration: FM Sitharaman
Photograph: Kind courtesy Charles Platiau/ Reuters
New Delhi, Aug 17 (PTI) India is open to exploring more ways to increase its collaboration with the International Monetary Fund (IMF), Finance Minister Nirmala Sitharaman said during a meeting with IMF's First Deputy Managing Director Gita Gopinath on Saturday.

During the meeting, Gopinath congratulated the Finance Minister on policy continuity in the fiscal consolidation path being followed by the Government of India.

"FM Smt. @nsitharaman stated that India deeply values its relationship and continuous engagement with IMF; and looking ahead, the Government of India is open to exploring more ways to increase India's collaboration with the IMF," the finance ministry said in a post on X.

Besides acknowledging the vibrancy of the Indian economy, Gopinath appreciated the strength of India's relationship with IMF - valuable to both India, IMF, and to the world at large.
Source: PTI
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