FM Sitharaman lauds role of G20 in rallying pandemic response & supporting vulnerable countries

Finance Minister Nirmala Sitharaman has said transitioning from crisis to recovery is one of the major challenges to ensure equitable access to vaccines for all. She suggested that keeping up the support, building resilience, enhancing productivity and structural reforms should be the policy goals. Ms Sitharaman was speaking at the 4th G20 Finance Ministers and Central Bank Governors meeting yesterday held in Washington D.C. on the side-lines of the IMF-World Bank Annual Meetings.

Discussions and agreements on various issues concerning global economic recovery, pandemic support to vulnerable countries, global health, climate action, international taxation and financial sector issues marked the meetings. The finance minister appreciated the role of G20 in rallying pandemic response and supporting vulnerable countries through debt relief measures. She suggested on focusing efforts on making the benefits reach the intended countries.