Financial Daily from THE HINDU group of publications
Friday, Apr 19, 2002
Financial Daily from THE HINDU group of publications Friday, Apr 19, 2002 |
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Events Money & Banking - Events Fund-Bank annual meet opens today Our Bureau
NEW DELHI, April 18 THE role of the International Monetary Fund (IMF) in crisis management, combating money laundering and financing of terrorism are some of the major issues for discussion at the annual spring meetings of the World Bank and IMF beginning in Washington tomorrow. The Indian team is being led by the Finance Minister, Mr Yashwant Sinha, who would also attend the G-24 Ministers' meeting and the extended session of G-7 group of countries. India will play a leading role in articulating the concerns of the emerging economies at the three-day meet which will deliberate upon global economic outlook and risks and vulnerabilities in the world economy. While the policy responses to the emerging challenges in the global economy will dominate the agenda of the International Monetary and Financial Committee, the development committee of the World Bank will take up the issue of enhancing the effectiveness of development assistance and ensuring that resources are available to meet the millennium development goals. Mr Sinha will hold discussions with the President of the World Bank, Mr James Wolfensohn, on national and global economic issues and participate in several bilateral meetings. The Finance Minister will also address business leaders and interact with the US industry captains and financial institutions.
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